12:05 PM EST - Bolt Metals Corp : Announces it has entered into a new conditional share sale and purchase agreement, pursuant to which Nickel Industries Limited has agreed to acquire 100% of the Company's interest in the Cyclops nickel-cobalt project. Subject to approval of the Transaction by the shareholders of Bolt, Bolt and its subsidiaries will receive net cash payments in the aggregate amount of US$6,500,000 in exchange for a 100% interest in the Cyclops project, a 5,000 hectare nickel-cobalt project located in Papua province, Indonesia. Bolt Metals Corp
shares C.BOLT are trading -$0.05 at $0.75.
