BRIEF-Nickel Asia Corp Says Board Approved Acquisition Of 33 Mln Additional Shares In Coral Bay Nickel Corporation For $25.9 Mln

March 10 (Reuters) – Nickel Asia Corp NIKL.PS:

• BOARD APPROVED ACQUISITION OF 33 MILLION ADDITIONAL SHARES IN CORAL BAY NICKEL CORPORATION FOR $25.9 MILLION

• ITS OWNERSHIP IN CBNC SHALL INCREASE TO 15.625% FROM CURRENT 10%

Further company coverage: NIKL.PS