Sept 13 (Reuters) - Panoramic Resources Ltd PAN.AX :
* AGREEMENT TO SELL LANFRANCHI PROJECT
* AGREED TO SELL ITS LANFRANCHI NICKEL PROJECT TO UNIT OF BLACK MOUNTAIN METALS LLC FOR A$15.1 MILLION
* EXECUTED AGREEMENT FOR BLACK MOUNTAIN TO ACQUIRE CO'S UNIT WHICH OWNS 100 PERCENT OF LANFRANCHI NICKEL PROJECT