IGO LIMITED — M&A Activity 2019

Nov 3, 2019

4 November 2019

Panoramic recommends shareholders take no action in relation to Independence Group’s takeover offer

Panoramic Resources Limited (ASX: PAN) notes the announcement from Independence Group NL (ASX: IGO) regarding its unsolicited, highly conditional scrip takeover offer for Panoramic.

The Board of Panoramic advises shareholders to take no action in respect of Independence Group’s offer or any document received from Independence Group.

The Board will evaluate the offer and Independence Group’s Bidder’s Statement and provide shareholders with a recommendation in due course. Until then, shareholders should take no action .

Panoramic will keep its shareholders fully informed of further developments.

For further information contact: Peter Harold, Managing Director +61 8 6266 8600

Panoramic Resources Limited Level 9, 553 Hay St, Perth, Western Australia 6000

Telephone: +61 8 6266 8600 Website: www.panoramicresources.com.au

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ASX: PAN