IN BRIEF: Panthera Resources extends LCM’s due diligence deadline

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Panthera Resources PLC - London-based gold explorer with projects in India and Africa - Agrees to extend LCM Funding Sg Pty Ltd’s due diligence deadline to June 30 from May 31 for the funding arrangement for $10.5 million in litigation financing. Panthera Resources reports that all the third-party experts have tabled their due diligence findings. The company agrees to a further extension to the LCM due diligence period to June 30, but does not expect a further extension of the due diligence period.

Current stock price: 4.31, down 3.2%

12-month change: down 42%

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