PACIFIC NICKEL MINES LIMITED (PNM)

The company is requesting a further extension to its voluntary suspension of its securities, as it is unable to make an announcement about the outcome of discussions with Glencore International AG regarding the Kolosori Nickel Project funding. The suspension is requested pending an announcement, and the suspension will remain in place until normal trading commences on 31 December 2024.

The company releases the results of the annual general meeting.

The company is requesting a further extension of its voluntary suspension of its securities, pending an announcement regarding the outcome of discussions with Glencore International AG regarding funding for the Kolosori Nickel Project. The suspension is necessary to prevent uninformed trading, and the suspension will remain in place until an announcement is made and normal trading commences on 10 December 2024.

The company is requesting a further extension of its voluntary suspension of its securities, pending an announcement on the outcome of discussions with Glencore International AG regarding funding for the Kolosori Nickel Project. The suspension is necessary to prevent uninformed trading, and the suspension will remain in place until an announcement is made and normal trading commences on 26 November 2024.

The company lodges Quarterly Activities/Appendix 5B Cash Flow Report.

The company's annual general meeting is scheduled for 29 November 2024, 10:00am at Phillip Room, Club York 95-99 York St, Sydney NSW 2000.

The company is requesting a further extension to its voluntary suspension of its securities, as it is unable to make an announcement about the outcome of discussions with Glencore International AG regarding the Kolosori Nickel Project funding. The suspension is requested pending an announcement, and the suspension will remain in place until an announcement is made and normal trading commences on 5 November 2024.

The company lodges its Corporate Governance Statement and appendix 4G.

The company lodges its annual report to shareholders.

The company will hold its 2024 AGM on Friday 29 November 2024 at 10.00am (Sydney time). The closing date for the receipt of nominations from persons wishing to be considered for election as a director is Thursday 10 October 2024.

The company lodges its Full Year Statutory Accounts.

The Company requests that the voluntary suspension remain in place until the earlier of an announcement by the Company regarding the outcome of discussions with Glencore in relation to funding of the Project and the commencement of normal trading on 14 October 2024.

The Company requests that the voluntary suspension remain in place until the earlier of an announcement by the Company regarding the outcome of discussions with Glencore in relation to funding of the project and the commencement of normal trading on 23 September 2024.

The Company requests that the voluntary suspension remain in place until the earlier of an announcement by the Company regarding the outcome of discussions with Glencore in relation to funding of the Project and the commencement of normal trading on 9 September 2024.

Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of business on Wednesday, 21 August 2024 would have its securities suspended from Official Quotation before the commencement of trading on Thursday, 22 August 2024. The Company has failed to pay to ASX the annual listing fees for the year ending 30 June 2025, and each entity's securities are already suspended from quotation.

The Company requests that the voluntary suspension remain in place until the earlier of an announcement by the Company regarding the outcome of discussions with Glencore in relation to funding of the Project and the commencement of normal trading on 26 August 2024.

The company lodges its application for quotation of securities.

The company lodges its Quarterly Activities/Appendix 5B Cash Flow Report.

The extension to the voluntary suspension is requested pending the release of an announcement by the Company regarding the outcome of discussions with Glencore in relation to funding of the Project. The Company has had meetings with Glencore over the last week, and those discussions are ongoing. The Company is working to progress and finalise these discussions, and expects that they may continue for several weeks. At this time, the Company is not in a position to provide an update on the status of the discussions and the ongoing funding of the Project. The extension to the voluntary suspension is necessary to prevent trading in the Company's securities on an uninformed basis, pending the results of the above discussions being finalised and released. The Company requests that the voluntary suspension remain in place until the earlier of an announcement by the Company regarding the above and the commencement of normal trading on 12 August 2024.

The Kolosori Nickel Project in the Solomon Islands in which the Company holds an 80% interest in each project, the operation has been affected by a combination of factors in the last few weeks, which, together, impacted the mining schedule at the operation. The Company in consultation with its Kolosori project financier Glencore International AG have agreed that the best course of action in the short term is to reset the project by only carrying out minimal works until such time that the machine availability issue can be addressed to ensure that the mining rates can be sustained. The Company is continuing discussions with Glencore in relation to the ongoing funding of the Project. The Company is working closely with the mining and local contractors during this reset to achieve the required operating parameters for both costs and availability. During this period, the Company will also be focusing on integrating the Company's 80% interest in the Jejevo nickel project (subject to achieving a mining lease) into its Solomon Islands nickel operations

At this time, the Company is not able to provide an update on the status of the discussions and the ongoing funding of the Project. The Company anticipates providing an update to the market on the status and outcome of those discussions by Monday, 29 July 2024. The Company requests that the voluntary suspension remain in place until the earlier of an announcement by the Company regarding the above and the commencement of normal trading on 29 July 2024

The securities of Pacific Nickel Mines Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of PNM, pending the release of an announcement in relation to the operations and funding of PNM's Kolosori Nickel Project.

The suspension of trading in the securities of Pacific Nickel Mines Limited will be lifted immediately, following the release by PNM of an announcement regarding an update to PL 05/19 tenement of the Kolosori Nickel Project in the Solomon Islands.

As announced on 10 March 2021 the Minister of Mines, Energy and Rural Electrification of the Solomon Island Government has provided a Consent Order reinstating PL 05/19 on the terms and conditions of the prospecting licence as originally granted. The outcome has been achieved in a timely manner. The company has now resolved the matter to its satisfaction. As for the placement, Bridge Street, the lead manager to the placement, confirms that the participants to this placement remain committed to completing the second tranche on the original terms. Also, the shareholder meeting will be cconvened at 2.00pm on 9 April 2021. ASX confirmed that trading in the company's shares will resume upon the commencement of trading on 19 March 2021. The company expects to lodge a mining lease application for the Kolosori project in the next three months. For the Jejevo nickel project, to date, a total of 16 holes have been completed with the first batch of samplse from the first six holes now with DHL en route to the ALS laboratory in Brisbane, Australia.

The company provides its Financial Report for the Half Year ended 31 December 2020.

Following the recent reinstatement of the Kolosori Prospecting License, the company is preparing to commence drilling at the Kolosori nickel DSO project and progressing the key development approvals including the environmental license and mining license applications needed for exporting DSO. The company has placed 5 man-portable drilling rigs as well as drilling consumables and supplies in the local centre of Havihua nearby to the Kolosori prospect.

Drilling the Jejovo nickel DSO project is progressing well despite extreme weather conditions experienced in the Solomon Islands over the last few months. To date, a total of 10 holes have been completed with the first batch of samples from the first six holes now held in Honiara awaiting airfreight to the ALS laboratory in Brisbane, Australia.

The Minister of Mines, Energy and Rural Electrification of the Solomon Island Government has provided written confirmation to Kolosori Nickel reinstating PL 05/19, which comprises the Kolosori Nickel Project located on Santa Isabel Island in the Solomon Islands. In light of the circumstances regarding the cancellation and reinstatement of the Kolosori PL, the Company is in the process of clarifying the second Tranche capital raising and the timing of the General Meeting.

Th meeting of the Minerals Board in the Solomon Islands has been postponed to a later date yet to be confirmed.

Pacific Nickel has been notified of a material change in KNL's rights to the Kolosori Nickel Project which impacts Pacific Nickel's acquisition from KNL of an 80% interest in the Kolosori Nickel Project. The company has requested the suspension of trading whilst it obtains a complete undersetanding of this matter. The company has been advised by KNL that the Minister of Mines, Energy and Rural Electrification of the Solomon Island Government has cancelled PL 05/19.

The securities of Pacific Nickel Mines Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of PNM, pending the release of an announcement regarding the cancellation of PL 05/19 relating to the Kolosori Nickel Project in the Solomon Islands.

name changed from Malachite Resources Limited