Australia's Panoramic Resources rises on $30 mln funding for nickel project

Panoramic Resources

29/09/2021 03:35

** Shares of Panoramic Resources Ltd  PAN.AX  rise as much
as 4.8% to A$0.215
    ** Nickel miner receives $30 mln funding from its first
tranche of the $45 mln secured loan facility with Trafigura
Group Pte Ltd  urn:newsml:reuters.com:*:nFWN2QU0JF
    ** Says funding to support its first nickel-copper-cobalt
concentrate shipment in Dec 2021 from the Savannah Nickel
Project, Western Australia
    ** Stock has risen 51.9 % so far this year 

 (Reporting by Aneetta Thomas in Bengaluru)
 ((Aneetta.Thomas@thomsonreuters.com;))