05:10 AM EST, 11/11/2026 (MT Newswires) -- Pantheon Resources (PANR.L) proposed raising 5 million pounds sterling through a share placing and subscription at 0.07 pound per share. The London-listed oil and gas company said Wednesday that the proceeds will provide working capital until early June 2027 and liquidity as it continues farm-in negotiations. Nonexecutive Chairman Michael Spencer intends to invest 750,000 pounds in the fundraising. As part of the process, Pantheon Resources temporarily suspended trading in its shares on the London bourse's AIM segment under a Capital Access Window, with trading expected to resume once the proposed fundraising is complete.

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