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Panoramic pounces on Magma

NICKEL producer Panoramic Resources has launched an off-market scrip bid for junior explorer Magm...

Kristie Batten
Panoramic pounces on Magma

Panoramic already owns 9.3% of dual-listed Magma and is offering two Panoramic shares for every 17 Magma shares held.   Based on closing prices yesterday of $1.27 for Panoramic and 8c for Magma, the...

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