Commercial Credit Report for Nico Resources Ltd

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	Nico Resources Ltd
216 St Georges Terrace, Level 11
Phone: +61 894810389p:+61 894810389	PERTH, WAS 6000 Australia	Ticker: NC1NC1

Business Summary

Nico Resources Limited is an Australia-based company, which is focused on exploring its flagship Wingellina Nickel-Cobalt Project located in Western Australia. The principal activity of the Company is the acquisition and development of a portfolio of exploration properties. The Wingellina Nickel-Cobalt Project (Wingellina) is an undeveloped nickel-cobalt project in Australia and part of NiCo Resources Central Musgrave Project (CMP), which straddles the triple-point of the Western Australia, Northern Territory and South Australia borders. The CMP has a Mineral Resource of approximately two million tons of nickel and 154,000 tons of cobalt. The Project covers approximately 1,756 square kilometers (km2) of the mid-Proterozoic Musgrave Block, an east-west trending belt of granulite-gneiss basement rocks approximately 500 kilometers long. The Company’s Claude Hills Project is located approximately 30 kilometers (km) to the east of Wingellina.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	6/30/2023	Yes	-	-	-	-

Industries

SIC Code	Description
1021	Copper ores
1099	Miscellaneous metal ores, not elsewhere classified

General Information

Outstanding Shares:	109,200,575	(As of 12/31/2023)
Stock Exchange:	ASX

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