March 11 (Reuters) - Panoramic Resources Ltd PAN.AX :
* RECEIVED COMMITMENTS FOR AN INITIAL PLACEMENT TO RAISE $5 MILLION (BEFORE COSTS)
* CO ALSO OFFERING FULLY UNDERWRITTEN 1 FOR 13 PRO-RATA RENOUNCEABLE ENTITLEMENT OFFER TO RAISE ABOUT $14.8 MILLION (BEFORE COSTS)