PANORAMIC RESOURCES LIMITED

Panoramic sheds debt

Kitco News Tuesday June 09, 2020 13:54

(Kitco News) -Panoramic Resources (ASX:PAN) said today it has fully repaid debts owing.

Panoramic subsidiary Savannah Nickel Mines fully repaid monies owed on its senior debt facility of A$25 million to Macquarie.

It has also repaid A$8 million to Zeta on a subordinated debt facility.

Panoramic is developing the Savannah Nickel Project in Australia's East Kimberley.