Pantheon Resources PLC Announces Closing of US$35 million Convertible Bond Issuance
Pantheon Resources (PTHRF) has successfully closed a US$35 million senior convertible bond issuance due March 2028. The bonds were issued to Sun Hung Kai & Co. and its affiliates, clients, and managed funds. The company, which holds 100% working interests in projects covering 258,000 acres adjacent to transportation and pipeline infrastructure on the Alaska North Slope, completed this financing following earlier announcements made in February 2025.
Pantheon Resources (PTHRF) ha chiuso con successo un'emissione di obbligazioni convertibili senior da 35 milioni di dollari USA con scadenza a marzo 2028. Le obbligazioni sono state emesse a Sun Hung Kai & Co. e alle sue affiliate, clienti e fondi gestiti. L'azienda, che detiene il 100% degli interessi operativi in progetti che coprono 258.000 acri adiacenti a infrastrutture di trasporto e pipeline sulla Alaska North Slope, ha completato questo finanziamento dopo gli annunci precedenti fatti a febbraio 2025.
Pantheon Resources (PTHRF) ha cerrado con éxito una emisión de bonos convertibles senior de 35 millones de dólares estadounidenses con vencimiento en marzo de 2028. Los bonos fueron emitidos a Sun Hung Kai & Co. y sus afiliados, clientes y fondos gestionados. La empresa, que posee el 100% de los intereses operativos en proyectos que cubren 258,000 acres adyacentes a infraestructura de transporte y oleoductos en la Alaska North Slope, completó este financiamiento tras los anuncios previos realizados en febrero de 2025.
팬테온 리소스 (PTHRF)는 2028년 3월 만기인 3,500만 달러 규모의 선순위 전환사채 발행을 성공적으로 완료했습니다. 이 채권은 선홍카이(Sun Hung Kai) 및 그 계열사, 고객, 관리 펀드에 발행되었습니다. 이 회사는 258,000 에이커에 달하는 프로젝트에서 100%의 작업 이익을 보유하고 있으며, 알래스카 노스 슬로프의 교통 및 파이프라인 인프라에 인접해 있습니다. 이 자금 조달은 2025년 2월에 발표된 이전 발표 이후에 완료되었습니다.
Pantheon Resources (PTHRF) a réussi à finaliser une émission d'obligations convertibles senior de 35 millions de dollars américains arrivant à échéance en mars 2028. Les obligations ont été émises à Sun Hung Kai & Co. ainsi qu'à ses affiliés, clients et fonds gérés. L'entreprise, qui détient 100 % des intérêts opérationnels dans des projets couvrant 258 000 acres adjacents aux infrastructures de transport et de pipelines sur la péninsule nord de l'Alaska, a complété ce financement suite à des annonces antérieures faites en février 2025.
Pantheon Resources (PTHRF) hat erfolgreich eine Ausgabe von 35 Millionen US-Dollar an vorrangigen wandelbaren Anleihen mit Fälligkeit im März 2028 abgeschlossen. Die Anleihen wurden an Sun Hung Kai & Co. sowie deren Tochtergesellschaften, Kunden und verwaltete Fonds ausgegeben. Das Unternehmen, das 100 % der Arbeitsinteressen an Projekten hält, die 258.000 Acres in der Nähe von Transport- und Pipelineinfrastrukturen auf der Alaska North Slope abdecken, hat diese Finanzierung nach früheren Ankündigungen im Februar 2025 abgeschlossen.
- Secured significant funding through US$35 million convertible bond issuance
- Maintains 100% working interest in substantial 258,000-acre Alaska North Slope position
- Strategic location adjacent to existing transportation and pipeline infrastructure
- Increased debt obligation with new US$35 million convertible bonds
- Potential future shareholder dilution upon bond conversion
LONDON, UNITED KINGDOM / ACCESS Newswire / March 25, 2025 / Pantheon Resources plc ("Pantheon" or the "Company"), the AIM-quoted oil and gas exploration company with
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Further information:
UK Corporate and Investor Relations Contact
Pantheon Resources plc
Justin Hondris
contact@pantheonresources.com
Nominated Adviser and Broker
Canaccord Genuity Limited
Henry Fitzgerald-O'Connor, James Asensio, Charlie Hammond
+44 20 7523 8000
Public Relations Contact
BlytheRay
Tim Blythe, Megan Ray, Matthew Bowld
+44 20 7138 3204
USA Investor Relations Contact
MZ Group
Lucas Zimmerman, Ian Scargill
+1 949 259 4987
PTHRF@mzgroup.us
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SOURCE: Pantheon Resources PLC
View the original press release on ACCESS Newswire
FAQ
What is the value and maturity of PTHRF's new convertible bond issuance?
Who are the investors in PTHRF's March 2025 convertible bond offering?
How many acres does PTHRF control on the Alaska North Slope?
Where are PTHRF's Alaska North Slope assets located relative to infrastructure?
