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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (20742)	6/2/2008 11:12:01 PM
From: LoneClone	Read Replies (1) \| Respond to of 194504

European Nickel receives waivers on Berong Nickel acquisition hemscott.com LONDON (Thomson Financial) - European Nickel Plc. said that it has now received certain waivers that will allow it to proceed with its acquisition of strategic interests in Investika Ltd.'s Philippine nickel laterite projects. Toledo Mining Corporation Plc., Nickeline Resources Holdings Inc. and Atlas Consolidated Mining and Development Corp. have waived certain pre-emption rights they have on Investika's holding in the Berong Nickel Corp. Following on from this, mining company European Nickel said it hopes to conclude its $48 million acquisition of a 19.3 percent interest in Toledo and an 18.7 percent direct interest in Berong Nickel by the end of June, with the deal subject now only to Investika shareholder approval. TFN.newsdesk@thomson.com ro