Nickel Resources still prepping restructuring forms for creditor OK

By Marisa Wong

Morgantown, W.Va., April 27 – Nickel Resources International Holdings Co. Ltd. said in a notice on Thursday that it is still preparing the necessary documents to submit to the courts for creditors’ approval and court sanction for the Cayman scheme and Hong Kong scheme under its previously announced debt restructuring.

As previously disclosed, the company needs approval of the schemes in order to complete an issuance of subscription shares.

The company is also taking steps to fulfill the resumption conditions imposed by the Hong Kong Stock Exchange. Its shares have been suspended from trading since April 1, 2015.

Based in Hong Kong, Nickel is an integrated mineral resources, nickel and steel supplier formerly known as China Nickel Resources Holdings Co. Ltd.

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