Pantheon Resources PLC Announces Final Repayment of Convertible Bonds & Webinar

Core Viewpoint - Pantheon Resources plc has opted to settle its final quarterly principal and interest payments for its senior unsecured convertible bonds through the issuance of new shares, indicating a strategic move to manage its debt obligations while potentially diluting existing shareholders [1] Group 1: Financial Details - The company will make a final quarterly principal repayment of US$2.45 million and a quarterly interest payment of US$24,500 [1] - A total of 10,520,833 new ordinary shares will be issued to fully settle this quarterly repayment [1] Group 2: Bond Information - The convertible bonds were issued in December 2021 and are due in December 2025 [1] - The bonds were issued to a fund advised by Heights Capital Ireland LLC [1]