This is fantastic news "In consideration for the transaction, Rusina shareholders will be offered four European Nickel new ordinary shares (New Shares) for every five Rusina ordinary shares they own (the Exchange Ratio)."
When European Nickel lists on the ASX, we'll see the company significantly re-rated.
"European Nickel plans to establish an Australian listing of its shares through ASX-listed CHESS Depositary Interests (CDIs) such that Rusina shareholders can trade the New Shares they receive on the ASX."