Nov 24 (Reuters) - Nickel Mines Ltd NIC.AX :
* AGREEMENT EXECUTED FOR ACQUISITION OF 70% OF ANGEL NICKEL-NIC.AX
* UNDER INITIAL ACQUISITION, CO TO BUY 30% IN ANGEL NICKEL, 30% OF ALL SHAREHOLDER LOANS DUE TO SHANGHAI DECENT FOR US$210M
* UNDER SECOND ACQUISITION, CO TO BUY ADDITIONAL 40% IN ANGEL NICKEL, 40% OF ALL SHAREHOLDER LOANS DUE TO SHANGHAI DECENT FOR US$280M