Nickel 28 Capital Corp. is pleased to provide an update on mineral resources and reserves based on data for the Ramu Nickel-Cobalt operation from the project operator, China Metallurgical Group Corporation . Nickel 28 currently holds an 8.56% joint-venture interest in Ramu. Ramu is operated by MCC which, along with its partners, owns an 85.0% interest. Following repayment of the Company's construction debt owed to MCC [...]
Nickel 28 Capital Corp. is pleased to announce the pending receipt of its tenth cash distribution from the Ramu joint venture. Nickel 28 has received confirmation of a cash distribution for H2 2025 operating performance of approximately US$2.1 million in respect of its 8.56% joint-venture interest in the Ramu Nickel-Cobalt project in Papua New Guinea, which is operated by Metallurgical Corporation of China. Nickel 28 also [...]
Nickel 28 Capital Corp. today announced that it has been advised by Ramu NiCo Management Limited, the operator of the Ramu Nickel-Cobalt integrated operation in Papua New Guinea , that a proposal for development has been lodged with the Mineral Resources Authority of Papua New Guinea under the Mining Act, detailing a proposed phase II expansion of the Ramu Operation . Based on the application materials supporting the [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending December 31, 2025, and for the full calendar year of 2025 for the Company's largest asset; 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 . Full Year Q4 2025 Ramu Highlights: Q4 2025 [...]
Nickel 28 Capital Corp. is pleased to announce that it has received approval from the TSX Venture Exchange to conduct, at the Company's discretion, a normal course issuer bid program to purchase up to 7,050,819 common shares, representing approximately 8.1% of Nickel 28's issued and outstanding common shares. Nickel 28 has appointed Haywood Securities Inc. to administer the proposed NCIB on behalf of the Company. As of [...]
Nickel 28 Capital Corp. today announced the grant of stock options of the Company. Grant of Stock Options The Company has granted an aggregate of 810,811 stock options to purchase common shares of the Company to Mr. Craig Lennon under the Company's fixed stock option plan in connection with Mr. Lennon's long-term incentive compensation for the forthcoming financial year ended January 31, 2027. These stock options are [...]
Further to the May 16, 2025 press release of Nickel 28 Capital Corp. , the Company announces today that two of its board members, Brett Richards and Edward Collery, were entirely successful in striking the lawsuits brought against them by former executives Justin Cochrane and Conor Kearns. On November 3, 2025, Messrs. Collery and Richards brought parallel motions to strike the claims against them on the basis that the [...]
Nickel 28 Capital Corp. is pleased to announce a proposed normal course issuer bid to repurchase its common share. In the opinion of management and the board of directors of the Company , the common shares have recently traded in a price range that represents a substantial discount to the Company's net asset value and does not reflect the underlying value of the Company. "Using Nickel 28's excess liquidity to buy back [...]
Nickel 28 Capital Corp. has released its results for the quarter ended October 31, 2025. Quarterly Highlights Key financial and operating highlights from the Company's third financial quarter ended October 31, 2025, and the operations of the Company's principal asset, an 8.56% joint-venture interest in the Ramu Nickel-Cobalt integrated operation in Papua New Guinea , include the following: Production of 9,242 tonnes of [...]
28 Capital Corp. is pleased to provide operational results for the quarter ending September 30, 2025 for the Company's largest asset; 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 . Q3 2025 Ramu Highlights: Production of 9,242 tonnes of contained nickel in Mixed Hydroxide [...]
Nickel 28 Capital Corp. is pleased to provide an update on projects within its royalty portfolio. Nickel 28 Chief Executive Officer, Mr. Craig Lennon commented: "Over the past twelve months, a number of countries - led by the United States, China, India, and other BRICS nations, as well as several members of the European Union, have introduced significant changes to trade and foreign policy. Many of these initiatives [...]
Nickel 28 Capital Corp. is pleased to announce the pending receipt of its ninth cash distribution from the Ramu joint venture. Nickel 28 has received confirmation of a cash distribution for H1 2025 operating performance of approximately US$1.4 million in respect of its 8.56% joint-venture interest in the Ramu Nickel-Cobalt project in Papua New Guinea, which is operated by Metallurgical Corporation of China. Nickel 28 also [...]