Say 'no' to IGO: Panoramic

PANORAMIC Resources has formally rebuffed an all-scrip offer by rival Independence Group, and announced a A$31 million capital raising to help it work through start-up issues and complete improvements.

Say 'no' to IGO: Panoramic Say 'no' to IGO: Panoramic Say 'no' to IGO: Panoramic Say 'no' to IGO: Panoramic Say 'no' to IGO: Panoramic

Panoramic has rejected IGO's bid.

IGO has circled Panoramic for more than a month, but after managing director Victor Rajasooriar's review yesterday determined there were no fatal flaws with its plans for the Savannah North