July 11 (Reuters) - Nex Metals Explorations Ltd NME.AX :
* Agreement reached between NME and SHK to finalise proceedings, with claim and counterclaim being dismissed and no order as to costs
* Parties have entered into a deed of settlement that contains a confidentiality clause
* "NME is able to inform market that terms of settlement do not have any negative impact on financial position of NME"
* Refers to proceedings against Stone Resources Australia Limited Source text for Eikon: ID:nASX6KMyNY Further company coverage: NME.AX