Estrella Resources Limited (ASX:ESR) executed a conditional agreement to acquire WA Nickel Pty Ltd for AUD 0.92 million on September 4, 2017. Estrella Resources Limited will issue 34 million fully paid shares as consideration. Pursuant to a separate agreement, WA Nickel Pty Ltd has rights to acquire 100% of the nickel rights and 25% of the lithium rights at the Munda project. The transaction is subject to approval of shareholders' of Estrella Resources Limited, Maximus Resources Limited providing its consent to WA Nickel Pty Ltd for the acquisition of the Spargoville nickel rights from Breakaway Resources, there being no breach of warranty and to the extent required by the Mining Act, WA Nickel Pty Ltd receiving a letter by or on behalf of the Minister indicating the Minister's in –principle consent to the transfer of M15/87 to WA Nickel Pty Ltd. The transaction is approved by the shareholders of Estrella Resources Limited on November 28, 2017. Estrella Resources Limited (ASX:ESR) completed the acquisition of WA Nickel Pty Ltd on January 12, 2018.