Dec 2 (Reuters) - Nickel Mines Ltd NIC.AX :
* NICKEL MINES LTD - A$364M EQUITY RAISING TO FUND 30% INTEREST IN ANGEL NICKEL
* NICKEL MINES LTD ANNOUNCES INITIAL ACQUISITION OF A 30% INTEREST IN ANGEL NICKEL PROJECT
* NICKEL MINES - TOTAL CONSIDERATION PAYABLE BY NICKEL MINES IN CONNECTION WITH TRANSACTION IS US$490 MILLION
* NICKEL MINES LTD - UNDERTAKING A FULLY UNDERWRITTEN 2 FOR 11 ENTITLEMENT OFFER TO RAISE A$364 MILLION
* NICKEL MINES LTD - ENTITLEMENT OFFER WILL BE CONDUCTED AT A$0.94 PER NEW SHARE