Rusina to work with Geograce on Philippines project

West Perth-based nickel company Rusina Mining NL has announced plans to explore and develop its Acoje project in the Philippines with Geograce Resources Philippines Inc, after due diligence.
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The full text of a Rusina announcement is pasted below

GeoGrace in share swap

GeoGrace Resources Philippines Inc., formerly Global Equities Inc., has formed a joint venture with Australia’s Rusina Mining N.L. to develop mining projects in the Philippines.
GeoGrace, in a disclosure to the stock exchange, said the partnership with Rusina Mining, which is listed in the Australian Stock Exchange, involves a share swap between the two companies.