Nickel Asia Corporation (NIKL)

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1. Company Information
Company Name	Nickel Asia Corporation (NIKL)
Sector	Mining and Oil		Incorporation Date		Jul 11, 2008
Subsector	Mining		Number of employees		1,777 (Group Total)
Board of Directors	Chairman: Manuel B. Zamora, Jr.
Website / E-mail	http://www.nickelasia.com
2. Stock Information
Total Assets	45,985,162,000	Market Capitalization		47,290,218,093.88
Total Liabilities	12,355,299,000	Outstanding Shares		7,602,928,954
Retained Earnings	16,342,841,000	Listed Shares		7,596,939,456
Listing Date	Nov 22, 2010	Issued Shares		7,602,928,954
Board Lot	100	Free Float Level (%)		18.56%
Par Value	0.5	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
Luis J. Virata Mantra Resources Corporation Ni Capital Corporation Sumitomo Metal Mining Philippines Holdings, Corp.				12.77% 25.71% 13.37% 26.41%
4. Company Descriptions and Business Development
Notes 1. Hinatuan mine has received closure order by DENR in 2016 as a result of Audit. It is still trying to adverse the order. 2. Martin Antonio G. Zamora being the son of Manuel B. Zamora, Jr.     Manuel B. Zamora, Jr. is holding 25.78% stakes through PCD and Mantra. 3. Manuel B. Zamora entered into telecommunication (PTT, a listed company) through Menlo Capital Corporation.
Overview NIKL exports saprolite and limonite ore to customers in Japan, China and Australia. We are also the exclusive supplier of limonite ore from our Rio Tuba mine to the country’s first hydrometallurgical nickel processing plant owned by Coral Bay Nickel Corporation (CBNC). It has 4 mine operational mines and other mines with various stage of exploration including gold and copper exploration. It is completing the construction of an 11 megawatts (MW) diesel power plant. Business Revenue contribution in 2016 (in million pesos) Mining Power Service 13,574 18 1042 92.76% 0.12% 7.12% Mining(13,574) HMC (2,280), CMC (2,132), TMC (5,035), RTN (4,127), Geogen( 0 ) Power(18) EPI (18), NAC (0) Service(1,042) RTN/TMC (530), HMC (2), Others (510) Subsidiaries / Associates / Affiliates / Joint Ventures Hinatuan Mining Corporation (HMC, 100%) Cagdianao Mining Corporation (CMC, 100%) Taganito Mining Corporation (TMC, 65%) Rio Tuba Nickel Mining Corporation (RTN, 60%) Samar Nickel Mining Resources Corporation (100%) La Costa Shipping and Lighterage Corporation (100%) Mindoro Geothermal Power Corporation (70.92%) has a 40MW power plant project. Jobin-SQM, Inc. (70.92%) has solar and wind Energy Service Contracts. Biliran Geothermal Inc. (70.92%) is developing a 50 MW power plant. Geogen Corporation (100%) is primarily engaged in exploration and exploitation. Coral Bay Nickel Corporation (CBNC, 10%) is the country’s first hydrometallurgical nickel processing plant. Taganito HPAL Nickel Corporation (THNC, 10%) is the country’s second hydrometallurgical nickel processing plant. Emerging Power, Inc. (EPI, 70.92%) is engaged in renewal energy businesses. It has solar and geothermal projects under development now.