- It is Time for Change at Nickel 28 - Management has enriched themselves at shareholders' expense while turning a blind eye to their own serious and long-standing governance failures. Management's recent actions reveal the Board to be an entrenched group, which is, contrary to their own disclosures, comprised of a majority of non-independent [...]
Nickel 28 Capital Corp. today announced that the notice submitted by Pelham Investment Partners LP purporting to nominate five candidates to stand for election to Nickel 28's board of directors at the Company's upcoming annual general and special meeting of shareholders scheduled for June 12, 2023 is invalid. Pelham has been advised that Nickel 28 [...]
Nickel 28 Capital Corp. announced that it has filed its management information circular and related proxy materials in connection with its annual general and special meeting of shareholders scheduled for June 12, 2023 at 10:00 a.m. . Nickel 28 has also released a letter to shareholders, that along with the proxy materials, details the compelling [...]
Nickel 28 Capital Corp. has released its financial results for the financial period ended January 31, 2023. The Company's Chairman, Anthony Milewski is pleased to announce that "with another strong year of production and sales performance from Ramu, the Company continues to receive significant cash distributions from Ramu. As a result of Ramu's [...]
Pelham Investment Partners LP provides an update on its latest attempt at engaging with management of Nickel 28 Capital Corp. . In the hopes of having constructive engagement with the Company and avoiding a costly and unnecessary proxy contest in the face of clear shareholder dissatisfaction, Pelham LP extended a reasonable settlement offer to the [...]
Nickel 28 Capital Corp. announced that it will continue to stand up for the rights of all Nickel 28 shareholders in the face of Pelham Investment Partners LP's repeated public and private attempts to gain control of the Company. Pelham's latest attempt to take control of Nickel 28 without paying all shareholders an appropriate premium for their [...]
Pelham Investment Partners LP announced today, pursuant to the early warning requirements of applicable Canadian securities laws, the acquisition of beneficial ownership of common shares of Nickel 28 Capital Corp. . Pelham LP entered into a share purchase agreement with an arm's length third party with respect to the acquisition of an aggregate of [...]
Nickel 28 Capital Corp. announces that it has received notice from Pelham Investment Partners LP of its intention to nominate five individuals for election as directors at the Company's upcoming annual general and special meeting of shareholders scheduled for June 12, 2023. The nominees identified by the Nominating Shareholder are Edward Collery [...]
Pelham Investment Partners LP has today filed a notice with Nickel 28 Capital Corp. for the nomination of five highly-experienced and independent directors to be elected to the board of directors of Nickel 28 at the upcoming annual general and special meeting to be held on June 12, 2023 . As of the record date for the Meeting, being April 24, 2023 [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending March 31, 2023 for the Company's largest asset, the Ramu Nickel-Cobalt integrated operation in Papua New Guinea , as well as an update on its shareholder engagement efforts. Q1 2023 Ramu Highlights Nickel 28 currently holds an 8.56% joint-venture interest in [...]
Pelham Investment Partners LP announces the expiry of its tender offer for up to 10,000,000 common shares of Nickel 28 Capital Corp. , at a price of $1.20 per share, payable in cash . The Tender Offer expired in accordance with its terms at 5:00 p.m. on April 25, 2023 . In accordance with the terms of the Tender Offer, Pelham LP will complete the [...]
The board of directors of Nickel 28 Capital Corp. continues to urge Nickel 28 shareholders to REJECT the unsolicited "mini-tender" offer announced on March 21, 2023 by Pelham Investment Partners LP . Pelham's Scheme is a coercive vote-buying ploy designed to create uncertainty in the market. Pelham is trying to gain influence over Nickel 28 for [...]