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flag Pantheon Resources cut its 2025 loss to $5M, raised $110M, repaid debt, and advanced its Alaska LNG project despite drilling setbacks.

flag Pantheon Resources reported a $5.0 million comprehensive loss for the year ended June 30, 2025, down from $13.4 million, due to non-cash accounting adjustments. flag The company raised $64.0 million in financing during the year and an additional $46.25 million afterward, boosting cash to $13.2 million. flag It fully repaid its Heights convertible bond and strengthened leadership with new appointments. flag The Megrez-1 exploration well was drilled but yielded no flow, while the Dubhe-1 appraisal well completed two months of flow testing and will resume in 2026. flag Pantheon advanced its Alaska LNG project engagement, with independent 2024 reports certifying 1.6 billion barrels of oil and 6.6 trillion cubic feet of gas. flag An annual report and virtual AGM are forthcoming.

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