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Panthera Resources PLC   -  PAT   

Update on Rajasthan High Court Case

Released 08:30 09-Jul-2019

RNS Number : 9172E
Panthera Resources PLC
09 July 2019
 

 

 

 

9 July 2019

 

Panthera Resources Plc

("Panthera" or "the Company")

Update on Rajasthan High Court Case

 

Panthera Resources plc (AIM: PAT), the gold exploration and development company with assets in India and West Africa, is pleased to provide an update regarding the pending Rajasthan High Court Case.

The High Court has previously issued notices to both the Government of Rajasthan and Government of India, and more recently passed an additional order giving the Government a last opportunity to file a reply to the writ petition by 17 June 2019, with the matter relisted for 8 July 2019. To date no reply has been filed by the Government.

The writ petition was listed for yesterday but did not reach the roster before the court session ended. This matter will now be rescheduled by the court.   

In the meantime, the Stay Order remains in place and protects the rights of the joint venture over the entire area of the Prospecting Licence application.

Further updates will be provided in due course.

 

Enquiries

Panthera Resources PLC

Geoff Stanley (CEO)                                    +1 (917) 941 7704

 

Nominated Advisor and Broker

RFC Ambrian                                                +44 (0) 20 3440 6800

Rob Adamson                                   

Bhavesh Patel

Charlie Cryer

 

Market Abuse Regulation (MAR) Disclosure

The information communicated in this announcement includes inside information for the purposes of Article 7 of Regulation 596/2014.

 


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Update on Rajasthan High Court Case - RNS