Penrith is set to announce the signing of Paul Momirovski from the Wests Tigers in a swap deal for Daine Laurie.
Fox Sports’ George Clarke revealed Momirovski will sign a two-year deal to join the Panthers, while Laurie moves to the Tigers a year ahead of his planned departure.
Momirovski was loaned out to Melbourne last season and scored four tries in six games before a hand injury saw him miss out on the grand final.
The 24-year-old was also linked to Canterbury in recent weeks.
Laurie joins the Tigers on a three-year deal that will begin a year earlier than his expected arrival in 2022.