Malachite formalises acquisition of Sunshine Minerals Solomon Islands nickel

Malachite formalises acquisition of Sunshine Minerals Solomon Islands nickel

SYDNEY: Malachite Resources Limited has executed a Share Purchase Agreement to formalise its acquisition of the remaining 85% interest in Sunshine Minerals Limited that it does not already own. Malachite previously acquired 15% of Sunshine, a private company incorporated in the Solomon Islands. Sunshine owns 80% of Sunshine Nickel Limited (SNL) which holds prospecting licence…