Nov 8 (Reuters) - Panoramic Resources Ltd PAN.AX :
* UPDATES ON STATEMENT BY ZETA RESOURCES LIMITED IN RELATION TO UNSOLICITED TAKEOVER OFFER FROM INDEPENDENCE GROUP
* ZETA STATES IT "DOES NOT INTEND TO ACCEPT INDEPENDENCE GROUP'S CURRENT OFFER"
* BOARD OF PANORAMIC CONTINUES TO ADVISE SHAREHOLDERS TO TAKE NO ACTION IN RESPECT OF INDEPENDENCE GROUP'S OFFER