Nickel Asia 1Q 2016 Shipment Value Fell to PhP1.44B

Taguig—(PHStocks)—Nickel Asia Corp. (NAC, PSE: NIKL) today announced that its four operating mines sold an aggregate 3.49 million wet metric tons (WMT) of nickel ore in the first three months ended March 31, 2016, similar to the volume of shipments achieved for the same period last year. However, due to lower ore prices, the estimated value of shipments dropped from PhP2.83 […]
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Nickel Asia Subsidiary Gets Additional Funding Needed for 2016 Clean Energy Projects

Taguig—(PHStocks)—Nickel Asia Corp. (NAC, PSE: NIKL) today announced that its Board of Directors have approved an additional equity contribution of PhP660 million to its 66%-owned renewable energy (RE ) subsidiary, Emerging Power Inc. (EPI), and a PhP1.5 billion three-year term loan to be provided by NAC. These funds, together with bank financing at the project company level, will complete EPI […]
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Nickel Asia Clarifies Incident at Isabela Project

Manila—(PHStocks)—Nickel Asia Corp. (NAC, PSE: NIKL) clarified the various news reports in connection with the incident last October 28, 2015 in its Isabela Project in Dinapigue, Isabela. The said project is being operated by Geogen Corp. (Geogen), a company recently acquired in whole by NAC. The work being done on site at the moment is merely […]
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Nickel Asia to Buy Geogen, 10% of NIHAO Mineral Resources

Manila–(PHStocks)–Further to a disclosure made today by NIHAO Mineral Resources International Inc. (NIHAO) (PSE: NI), Nickel Asia Corp. (NAC) (PSE: NIKL) is pleased to announce that it has signed letters of intent to purchase up to 100% of Geogen Corp. (GEOGEN) and at least 10% of NIHAO. Related Articles:PHStocks Exclusive: Top 50 Stock Price Gainers […]
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