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Pacific Nickel Mines Advances Kolosori Sale Amid ASX Suspension

3:33pm on Tuesday 26th of May, 2026 AEST Mining
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Pacific Nickel Mines Advances Kolosori Sale Amid ASX Suspension

3:33pm on Tuesday 26th of May, 2026 AEST
Key Points
  • Agreement to sell 80% interest in Kolosori and Jejevo projects for A$1
  • Sale contingent on shareholder and regulatory approvals with extended deadlines
  • Glencore continues to finance operations through stockpile advances
  • ASX suspension remains until compliance and approvals are secured
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