Nickel 28 Capital Corp. today announced that the Board of Directors of the Company , on the recommendation of the special committee of the independent directors of the Board, has approved the adoption of a shareholder rights plan pursuant to a shareholder rights plan agreement entered into with TSX Trust Company, as Rights Agent, dated April 11 [...]
Nickel 28 Capital Corp. today announced that its board of directors and a newly formed special committee of the independent directors of the Board , supported by their financial and legal advisors, unanimously recommended that Nickel 28 shareholders REJECT the unsolicited "mini-tender" offer announced on March 21, 2023 by Pelham Investment Partners [...]
Nickel 28 Capital Corp. today issued the following statement in response to a shareholder's renewed effort to build a significant position at the expense of other shareholders' interests through a significantly undervalued mini-tender offer. Nickel 28 urges its shareholders to take no action in response to this shareholder's "mini-tender" at this [...]
TO: Shareholders of Nickel 28 Capital Corp.Nickel 28 Capital Corp. Pelham Investment Partners LP hereby offers to purchase up to an aggregate of 10,000,000 common shares of Nickel 28 Capital Corp. , including any Common Shares that may become issued and outstanding upon exercise, exchange or conversion of convertible securities after the date of [...]
Premium tender offer of $1.20 per common share in cash for up to 10,000,000 common shares trading days preceding the announcement of the Tender Offer) Pelham LP's tender offer provides shareholders with liquidity in a stock with limited trading volume and a pattern of poor corporate governance Pelham LP hopes to work with management to ensure [...]
Nickel 28 Capital Corp. is pleased to provide an update on the strong operational results for the quarter ending December 31, 2022 and for the full year of 2022 for the Company's largest asset, being its interest in the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Nickel 28 currently holds an 8.56% joint-venture interest in Ramu [...]
Nickel 28 Capital Corp. today publicly responds to an unsolicited, non-biding and self-serving proposal received from a shareholder of the Company. On February 6, 2023 the Company received a letter addressed to its board of directors from a shareholder proposing a value destructive, coercive and highly dilutive US$15 million private placement [...]
Nickel 28 Capital Corp. provides the following update to shareholders from its Executive Chairman, Mr. Anthony Milewski. As the Company continues to approach repayment of its share of the outstanding Ramu construction debt, management is increasingly asked by shareholders and analysts alike how the Company intends to use its portion of the free [...]
Nickel 28 Capital Corp. provides the following update to shareholders from its Executive Chairman, Mr. Anthony Milewski. As we close out 2022, I want to take a moment to provide an update to our shareholders and partners. As one of the few nickel producers listed on the Toronto Stock Exchange or TSX Venture Exchange, Nickel 28 is a unique vehicle [...]
Nickel 28 Capital Corp. has released its results for the quarter ended October 31, 2022. "Ramu had an exceptionally strong third calendar quarter, with sales of 13,961 tonnes of contained nickel in MHP and production of 8,939 tonnes of contained nickel in MHP" stated Anthony Milewski, the Company's Chairman. "Additionally, and despite reduced [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the production quarter ending September 30, 2022 for the Company's largest asset, being the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Nickel 28 currently holds an 8.56% joint-venture interest in Ramu which is operated by the Metallurgical Corporation of China [...]
Nickel 28 Capital Corp. has released its results for the quarter ended July 31, 2022. "During the quarter, Ramu continued its strong production results and remained one of the lowest cost nickel mines in the world," stated Anthony Milewski, the Company's Chairman. "Ramu sales continue to be slower than expected, however nickel and cobalt prices [...]