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Why Is Pacific Nickel Selling Kolosori for Just $1? The Royalty Deal Explained
10:32am on Tuesday 4th of November, 2025 AEDT
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Why Is Pacific Nickel Selling Kolosori for Just $1? The Royalty Deal Explained
10:32am on Tuesday 4th of November, 2025 AEDT
Key Points
Sale of 100% interest in Kolosori Nickel Project for A$1
Royalty agreement entitles PNM to 1% of nickel ore FOB price if conditions met
Release from US$22 million Glencore loan facility liability upon completion
Transaction subject to shareholder and regulatory approvals
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