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BRIEF-Perenti Global's Unit Receives LOI From Panoramic Resources Limited

Published 06/04/2021, 11:30 am
Updated 06/04/2021, 11:36 am
PAN
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April 6 (Reuters) - Panoramic Resources Ltd PAN.AX :

* UNIT RECEIVED A LOI FROM PANORAMIC RESOURCES LIMITED

* LOI FOR DEVELOPMENT & PRODUCTION WORKS AT SAVANNAH NICKEL PROJECT IN WESTERN AUSTRALIA

* EXPECTS CONTRACT WILL EXPAND ITS CURRENT WORK IN HAND BY MORE THAN $280 MILLION OVER A FOUR-YEAR CONTRACT TERM

* PANORAMIC BOARD OF DIRECTORS APPROVED RESTART OF SAVANNAH PROJECT SCHEDULED TO RECOMMENCE IN AUGUST 2021

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