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Panthera Resources further extends litigation funding deadline

Panthera Resources has extended again the deadline for litigation financier LCM Funding to complete due diligence over an action it is bringing against the Indian government.

Panthera subsidiary Indo Gold is seeking up to US$10.5 million in litigation financing for alleged breaches under the Australia-India Bilateral Investment Treaty.

LCM now has until 21 August 2023 to finish its due diligence, after which funding will be confirmed if completed successfully.