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BRIEF-Axiom Mining announces funding for Isabel Nickel Project

Published 01/04/2016, 02:57 pm
Updated 01/04/2016, 03:00 pm
© Reuters.  BRIEF-Axiom Mining announces funding for Isabel Nickel Project
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April 1 (Reuters) - Axiom Mining Ltd AVQ.AX :

* Axiom moves forward litigation-free with new funding AVQ.AX

* Says gunvor confirms off-take and ore prepayment agreement in place

* Says funding of $5 million through private placement to progress isabel nickel project

* Says incor holdings plc has converted $5 million of its convertible note to equity

* Says operations commenced on san jorge tenement, part of the isabel nickel project

* Says currently in discussions with key stakeholders in solomon islands to re-apply for the prospecting licence

* Source text for Eikon ID:nASX6Qk0wM

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