Pantheon Resources PLC Pantheon Graduates to the OTCQX Best Market (6556Y)
07 Settembre 2022 - 3:30PM
UK Regulatory
TIDMPANR
RNS Number : 6556Y
Pantheon Resources PLC
07 September 2022
07 September 2022
Pantheon Resources plc
Pantheon Resources Graduates to the OTCQX Best Market
Pantheon Resources plc ("Pantheon" or the "Company") (AIM: PANR)
(OTCQX: PTHRF), the oil and gas company with a 100% working
interest in all of its oil projects spanning c. 153,000 acres
adjacent and near to transportation and pipeline infrastructure on
the Alaska North Slope ("ANS"), is pleased to announce that it has
qualified to trade on the OTCQX Best Market under the ticker symbol
of PTHRF. Pantheon has upgraded to OTCQX from the Pink Market.
The OTCQX is the highest market tier of OTC Markets and trading
will enhance the visibility and accessibility of the Company to
U.S. investors. Pantheon's ordinary shares will continue to trade
on AIM under the symbol PANR.
Pantheon Resources Plc begins trading today on OTCQX under the
symbol "PTHRF." U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the Company on
www.otcmarkets.com .
Jay Cheatham , CEO of Pantheon Resources , commented, "I am
pleased to announce this achievement of Pantheon upgrading to
OTCQX, the highest tier of OTC Markets. This is an excellent
opportunity for the Company to be able to provide fully transparent
trading to our U.S. investors in real time, and to help further
increase both accessibility and visibility to trade Pantheon stock
for U.S. investors at this key stage in our journey. Given 100% of
our oil and gas assets are located onshore USA, this is a logical
step for our Company."
- Ends -
Further information:
Pantheon Resources plc
Jay Cheatham, CEO +44 20 7484 5361
Justin Hondris, Director, Finance and Corporate
Development
Canaccord Genuity plc (Nominated Adviser and
broker)
Henry Fitzgerald-O'Connor, James Asensio +44 20 7523 8000
BlytheRay
Tim Blythe, Megan Ray, Madeleine Gordon-Foxwell +44 20 7138 3204
Notes to Editors
Pantheon Resources plc is an AIM listed Oil & Gas company
focused on several large projects located on the North Slope of
Alaska ("ANS"), onshore USA where it has a 100% working interest in
153,000 highly prospective acres with potential for multi billion
barrels of oil recoverable. A major differentiator to other ANS
projects is its close proximity to transport and pipeline
infrastructure which offers a significant competitive advantage to
Pantheon, allowing for materially lower capital costs and much
quicker development times. The Group's stated objective is to
create material value for its stakeholders through oil exploration,
appraisal and development activities in high impact, highly
prospective conventional assets, in the USA; a highly established
region for energy production with infrastructure, skilled personnel
and low sovereign risk. All operations are onshore USA, with
drilling costs materially below that of offshore wells.
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END
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(END) Dow Jones Newswires
September 07, 2022 09:30 ET (13:30 GMT)
Grafico Azioni Pantheon Resources (LSE:PANR)
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Da Mar 2024 a Apr 2024
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