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Panther Metals acquired Parthian Resources.

Synopsis

Panther Metals,a mining company in Farnborough, England, acquired Parthian Resources, a dedicated group of mineral resource entrepreneurs and their investors, largely based in Perth, Australia. Financial terms were not disclosed. Mitchell Smith, Chief Executive Officer, commented: “It is envisaged that via this transaction Panther Metals will gain access to various exploration opportunities in Australia, with a particular focus on Western Australia and the Northern Territory. The Company has been made aware of certain gold and base-metal opportunities, which in the future have the potential to become the core of a broader strategy for Panther Metals in Australia. "

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