News: IDA Indiana Resources Refers For Arbitration Dispute Between Ntaka Nickel & Loricatus Resource

March 16 (Reuters) - Indiana Resources Ltd (IDA) :

• ADVISES THAT A DISPUTE HAS ARISEN BETWEEN SHAREHOLDERS OF NTAKA NICKEL HOLDINGS
• DISPUTE IN RELATION TO FUNDING CALL MADE TO NNHL'S SHAREHOLDERS IN OCT 2022
• DISPUTE HAS BEEN REFERRED TO ARBITRATION BY AUSTRALIAN CENTRE FOR INTERNATIONAL COMMERCIAL ARBITRATION
• NNHL DOES NOT INTEND TO PARTICIPATE IN ACICA PROCESS & HAS AGREED TO ABIDE BY ANY DECISION HANDED DOWN BY ACICA
• ANTICIPATED ARBITRATION WILL BE LISTED FOR CASE MANAGEMENT CONFERENCE SHORTLY
• ARBITRATION FOR DISPUTE BETWEEN NTAKA NICKEL HOLDINGS AND LORICATUS RESOURCE INVESTMENTS