CAPITAL MARKETS

Panoramic shakes the tin for nickel

NICKEL producer Panoramic Resources has announced capital raising of up to $A25.1 million to accelerate nickel exploration to extend the life of its two Western Australian mines.

Kristie Batten

Panoramic shakes the tin for nickel

The issue price for the placement and share purchase plan is 27c, a 16.9% discount to Panoramic’s last closing price, but a 10% discount to the 30-day volume weighted average price. The company proposes...

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