Direct Nickel : 12 December 2014 Progress Update & Invitation To AGM

12 December 2014 Progress Update & Invitation To AGM

Shareholders are invited to attend next week's AGM to receive an update on progress and hear about the outlook for Direct Nickel.

DNi has proven the technical efficiency and potential economic advantages of the DNi Process in a locked cycle demonstration plant that employs the full process flow sheet. At the same time, it has established partnership with Indonesia's most prominent nickel company, 65% government-owned PT ANTAM. In a joint venture with PT ANTAM, where it has a dedicated site for the first DNi Process Plant and has commenced a feasibility study for the Project.

A recent presentation is made that outlines the Company's current offering. In the short term, the Company is offering qualified investors a placement of around 10% of Direct Nickel on attractive terms and an opportunity to contribute to the exciting future of the Company.

121214 ASX Announcement AGM