Panoramic Resources has made plans to raise $25.12 million through a placement and Share Purchase Plan to fast-track its nickel exploration at its Savannah and Lanfranchi projects.
Sally Malay Mining has announced that it will not exercise its pre-emptive right to acquire the outstanding 25 per cent shareholding in the Lanfranchi nickel joint venture, now to be controlled by Canadian company Brilliant Mining Corp.
09 Feb 2006
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