On 5 January 2022 NICO received its conditional admission letter...

On 5 January 2022 NICO received its conditional admission letter from ASX confirming that it will admit NICO to the official list of ASX. In conjunction with the progression of the listing of NICO on the ASX (which is subject to NICO finalising standard conditions and making certain pre-quotation disclosures) (IPO), the Company will progress and finalise the in-specie distribution of NICO shares as detailed in the Company’s update Appendix 3A.5 released to the ASX on 24 December 2021 (Distribution).The timetable with respect to the date for the remaining key events for the transaction is now as follows:
Item Event Target Date1. ASX conditional approval of listing of NICO 5 January 20222. Effective Date for Distribution 5 January 20223. Conditions precedent under SSA satisfied 6 January 20224. Completion of sale of nickel asset portfolio under SSA 7 January 20225. Distribution Record Date 10 January 20226. Expected transfer of NICO shares to eligible Metals X shareholders underDistribution and to foreign nominee for ineligible shareholders 13 January 20227.
Expected date for NICO shares to be quoted on ASX 19 January 2022
But watch as anything is subject to change... Mal