Panoramic unveils plans for Gum Creek IPO

Base metals and gold company Panoramic Resources on Monday unveiled plans for the partial divestment of its Gum Greek gold project, in Western Australia, by way of an initial public offering (IPO) on the ASX. The company said in May that it would run a dual IPO and sales process for Gum Creek, but stated on Monday that the board had concluded that an IPO was the most appropriate way to unlock the value of these assets.