Pantheon Resources PLC Update on the Acquisition and Capital Raising (5996M)
January 09 2019 - 1:00AM
UK Regulatory
TIDMPANR
RNS Number : 5996M
Pantheon Resources PLC
09 January 2019
9 January 2019
Pantheon Resources plc
Update on Great Bear Acquisition and Capital Raising
Pantheon Resources plc ("Pantheon" or "the Company"), the
AIM-quoted oil and gas exploration company with a 50% - 75% working
interest in several conventional project areas in Tyler and Polk
Counties, onshore East Texas, is pleased to announce that further
to its announcement on 21 December 2018, approval of the
Acquisition of the Great Bear Companies has now been granted by the
State of Alaska, Department of Natural Resources.
The Capital Raising and the Acquisition remain subject to the
conditions set out in the Company's announcement on 21 December
2018.
-Ends-
Further information:
+44 20 7484
Pantheon Resources plc 5361
Jay Cheatham, CEO
Justin Hondris, Director, Finance and Corporate
Development
+44 20 7614
Arden Partners plc (Nominated Adviser and broker) 5900
Paul Shackleton
Daniel Gee-Summons
For further information on Pantheon Resources plc, see the
website at: www.pantheonresources.com
Capitalised terms used in this announcement shall have the same
meanings as the definitions in the Company's announcement of 21
December 2018 and in the Circular.
The information contained within this RNS is considered to be
inside information prior to its release.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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