IGO's Offer For Panoramic Resources Limited

On 4 November 2019, IGO announced an offer to acquire all of the Shares in Panoramic. Under the Offer, Panoramic Shareholders will receive 1 IGO Share for every 13 Panoramic Shares owned.

Please refer to IGO's Bidder's Statement released on 4 November 2019 for full details of the Offer. The Bidder's Statement sets out important information, including how to accept the Offer, information about IGO, and the key reasons why Panoramic Shareholders should accept the Offer. Click to view the Bidder's Statement

Why you should accept the offer

Very attractive and significant premium of 42% to last close and 51% to the 1 month VWAP

De-risks your investment in Panoramic within a stronger, larger, more diversified and liquid vehicle

Enhanced operational and exploration value through IGO's technical, financial and operating capability

Retain and enhance exposure to attractive nickel market dynamics

Benefit from IGO's attractive shareholder returns policy

Potential access to CGT scrip for scrip rollover relief

IGO's Key Offer Documents

How to accept the Offer
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Risks

There are also risks relating to the Offer and the creation of the Merged Group, the mining and exploration sector, and other general risks.
Please refer to section 9 of the Bidder's Statement for details regarding these risks.
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IGO’s offer for Panoramic Resources

MAKING A
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ANALYST CENTRE

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