News: MLX Metals X Says Signed Binding Terms Sheet With Nico Resources

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    May 25 (Reuters) - Metals X Ltd (MLX) :

    • SIGNED BINDING TERMS SHEET WITH NICO RESOURCES LTD FOR SALE AND SPIN OUT OF ITS NICKEL ASSET PORTFOLIO
    • PORTFOLIO INCLUDES WINGELLINA NICKEL-COBALT PROJECT AND CLAUDE HILLS PROJECT
    • NICO PROPOSES TO UNDERTAKE IPO OF ITS SHARES AND APPLY FOR LISTING ON ASX
    • TO CONDUCT IN SPECIE DISTRIBUTION OF 25 MILLION SHARES IN NICO IT RECEIVES AS SALE CONSIDERATION TO ELIGIBLE METALS X SHAREHOLDERS
    • METALS X EXPECTS TO HOLD ABOUT 29% OF NICO'S TOTAL ISSUED SHARE CAPITAL ON A POST-IPO UNDILUTED BASIS
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
54.5¢
Change
-0.010(1.80%)
Mkt cap ! $483.0M
Open High Low Value Volume
56.0¢ 56.0¢ 54.5¢ $613.2K 1.109M

Buyers (Bids)

No. Vol. Price($)
5 75745 54.5¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 48986 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.