C04815-2022

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Jun 28, 2022
2. SEC Identification Number
CS200811530
3. BIR Tax Identification No.
007-085-191
4. Exact name of issuer as specified in its charter
NICKEL ASIA CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
28th Floor NAC Tower, 32nd Street, Bonifacio Global City, Taguig City Postal Code 1634
8. Issuer's telephone number, including area code
(632) 7798-7622
9. Former name or former address, if changed since last report
Not applicable.
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common (NIKL) 13,630,850,117
11. Indicate the item numbers reported herein
Item 4.

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Nickel Asia CorporationNIKL

PSE Disclosure Form 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Resignation of Directors, Appointment of New Directors, Appointment of Assistant Vice President-Risk Management
Background/Description of the Disclosure

Resignation of Directors, Appointment of New Directors, Appointment of Assistant Vice President-Risk Management
Resignation/Removal or Replacement
Name of Person Position/Designation Effective Date of Resignation/Cessation of term
(mmm/dd/yyyy)		 Reason(s) for Resignation/Cessation
Masahiro Kamiya Director June 29 2022 Appointment of new nominee by Sumitomo Metal Mining Philippine Holdings, Inc.
Luis Juan L. Virata Director June 29 2022 Personal reasons
Jaime J. Bautista Independent Director June 29, 2022 Appointment as Secretary of Transportation
Election or Appointment
Name of Person Position/Designation Date of Appointment/Election
(mmm/dd/yyyy)		 Effective Date of Appointment Election
(mmm/dd/yyyy)		 Shareholdings in the Listed Company Nature of Indirect Ownership
Direct Indirect
Shiro Imai Director June 28 2022 June 30 2022 2,023 0 -
Leonides Juan Mariano C. Virata Director June 28 2022 June 30 2022 100 0 -
Walter B. Panganiban Assistant Vice President-Risk Management Sector June 28 2022 July 1 2022 0 0 -
Promotion or Change in Designation
Name of Person Position/Designation Date of Approval
(mmm/dd/yyyy)		 Effective Date of Change
(mmm/dd/yyyy)		 Shareholdings in the Listed Company Nature of Indirect Ownership
From To Direct Indirect
- - - - - - - -
Other Relevant Information

Resignation of Directors, Appointment of New Directors

At the meeting of the Board of Directors (the “Board”) of Nickel Asia Corporation (the “Company”) held on June 28, 2022 , the Board accepted the resignations of Mr. Masahiro Kamiya and Mr. Luis Juan L. Virata as Directors of the Company effective June 29, 2022. The remaining members of the Board unanimously elected Mr. Shiro Imai vice Mr. Kamiya, and Mr. Leonides Juan Mariano C. Virata vice Mr. Luis Juan Virata, as Directors, to serve the unexpired term of their predecessors. The Board likewise accepted the resignation of Independent Director Mr. Jaime J. Bautista effective June 29, 2022.

Mr. Imai is the Executive Vice President of Sumitomo Metal Mining Philippine Holdings, Inc., Coral Bay Nickel Corporation, and Taganito HPAL Nickel Corporation. He has been with for Sumitomo Metal Mining Co. Ltd. (SMM) since 1995. Prior to his current positions, he was the Manager of the Copper and Precious Raw Materials Department from June 2016 until September 2019, and served as Chief Representative of SMM’s London Office from July 2014 to May 2016. He was also part of Nickel Sales and Raw Materials Department of the Non-Ferrous Metals Division from November 2009, the Sales and Marketing Section of the Advanced Materials Division from February 2001 until October 2009, and the Sales and Marketing Section of the Electronics Division from April 1995 to January 2001. Mr. Imai obtained his Bachelor’s degree of Faculty of Economics from Tohoku University in Miyagi, Japan.

Mr. Leonides Juan Mariano C. Virata is the Chief Executive Officer of Cavitex Holdings Inc. and the Managing Director of MTC Investment Properties. Prior thereto, he was with the Broking Research team of Platinum Securities from 2006 to 2010. He is a member of Makati Business Club. He received his Bachelor of Arts, Major in Philosophy of Religions from University of Pennsylvania.

The Board appointed Mr. Imai as Chairman of the Related Party Transactions Committee, Member of the Audit Committee and Member of the Nominations Committee, and Mr. Virata as Member of the Corporate Governance Committee, effective June 30, 2022.

Appointment of Assistant Vice President-Risk Management Sector

The Board also appointed Mr. Walter B. Panganiban as Assistant Vice President-Risk Management Sector effective July 1, 2022.

Mr. Panganiban is a communications and public relations professional with over 20 years of experience in strategic internal and external communications. Prior to joining NAC, he was the Securities Operations Manager of Amazon (through Pinkerton). He was also the co-founder and Chief Communications Officer of start-up social enterprise, Resilient.PH. Mr. Panganiban also taught communication subjects at the collegiate level. He graduated Magna Cum Laude from St. Paul Seminary in 1998 with a double degree in AB Mass Communication and Philosophy. He also completed his Executive Master in Disaster Risk and Crisis Management from the Asian Institute of Management.
Filed on behalf by:
Name Georgina Carolina Martinez
Designation Senior Vice President - Compliance and Corporate Services, Chief Compliance Officer, Assistant Corporate Secretary