WSA western areas limited
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News: WSA Panoramic Resources Says Western Areas To Take Strategic Investment In Co

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    25/05/20
    09:50
    Post #: 44809093

    May 25 (Reuters) - Panoramic Resources Ltd (PAN) :

    • WESTERN AREAS TO TAKE STRATEGIC INVESTMENT IN CO RESULTING IN PRO-FORMA STAKE OF UP TO 19.9%
    • NICK CERNOTTA WILL BECOME INDEPENDENT NON-EXECUTIVE CHAIRMAN
    • ANNOUNCES FULLY UNDERWRITTEN INSTITUTIONAL PLACEMENT & 1.15-FOR-1 ENTITLEMENT OFFER TO RAISE UP TO ABOUT A$90 MILLION
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