PROJECT FINANCE

Panoramic outlines underwritten $20M raising plan

ZETA Resources, which is already Panoramic Resources' major shareholder, and stockbroker Hartleys, have agreed to back a circa A$20 million capital raising to help the nickel miner overcome start-up issues at the resurrected Savannah mine.

Savannah.

Savannah.

Panoramic has been challenged on multiple fronts in since restarting Savannah late last year, with a slower than expected ramp-up of mining and delays in the development of the adjacent Savannah North...

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