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News: PAN Panoramic Resources Says Savannah Nickel Project Operations To Be Suspended

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    08/01/24
    21:15
    Post #: 71783176

    Jan 8 (Reuters) - Panoramic Resources Ltd (PAN) :

    • SAVANNAH NICKEL PROJECT OPERATIONS TO BE SUSPENDED
    • ADMINISTRATORS HAVE DETERMINED THAT OPERATIONS AT SAVANNAH NICKEL PROJECT WILL BE SUSPENDED OVER COMING DAYS
    • MAJORITY OF C.140 PANORAMIC STAFF ON-SITE AT SAVANNAH NICKEL PROJECT WILL BE STOOD DOWN AND UNFORTUNATELY MADE REDUNDANT
    • TRADING IN PANORAMIC’S LISTED SECURITIES ON THE ASX REMAINS SUSPENDED
    • ADMINISTRATORS WILL CONTINUE DUAL TRACK STRATEGY TO SELL OR RECAPITALISE PANORAMIC BUSINESS
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