July 10 (Reuters) - Panoramic Resources Ltd PAN.AX :
* Gum creek gold initial public offering PAN.AX
* Mandated Somers and Partners Pty to assist in partial divestment of gum creek gold assets by way of an initial public offering
* The indicative structure is to raise $15 million in new equity via a priority entitlement to existing Panoramic shareholders
* Source text for Eikon ID:nASX19xRdh
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