BASE METALS
As Western Australia-based Panoramic Resources moves closer to a decision to resume mining operations at the Savannah nickel mine, in the East Kimberley, the company will raise A$20.9-million for preproduction activities.
Panoramic will raise A$20.9-million in an one-for-seven pro-rata renounceable entitlement offer at 34c a share, the ASX-listed company reported on Wednesday, adding that the offer was fully underwritten.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access