Dec 5 (Reuters) - Independence Group NL IGO.AX :
* NOTES PANORAMIC RESOURCES LIMITED'S ANNOUNCEMENT
* IGO NOT TO PARTICIPATE IN PANORAMIC ENTITLEMENT OFFER, AND SAYS RESERVES RIGHTS OVER BREACH OF TAKEOVER CONDITION
* HAS DETERMINED NOT TO PARTICIPATE IN ENTITLEMENT OFFER IN RESPECT OF ITS EXISTING 3.8% SHAREHOLDING IN PANORAMIC
* ENTITLEMENT OFFER BREACHES A CONDITION OF IGO'S TAKEOVER OFFER FOR PANORAMIC Source: https://reut.rs/2YmREXc Further company coverage: IGO.AX