Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending June 30, 2024, 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 . Q2 2024 Ramu Highlights: Ramu Q2 2024 production of 7,555 tonnes of contained nickel in MHP [...]
Nickel 28 Capital Corp. is pleased to announce that the TSX Venture Exchange has accepted the Company's notice to implement a normal course issuer bid to purchase, for cancellation, up to 7,153,629 of its common shares, representing approximately 7.9% of Nickel 28's issued and outstanding common shares over a twelve month period commencing on July 26, 2024. The NCIB will expire no later than July 25, 2025. Nickel 28 has [...]
Nickel 28 Capital Corp. is pleased to announce a proposed normal course issuer bid to repurchase its common shares in connection with the adoption of a new shareholder capital return policy by the Company. 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 [...]
Nickel 28 Capital Corp. today announced that it filed on June 30, 2024, its annual audited financial statements for the financial year ended January 31, 2024 and its unaudited interim financial statements for the quarter ended April 30, 2024 . "We are pleased to announce the filing of the annual financial statements for our 2023 financial year and the interim financial statements for the first quarter of 2024," said [...]
Nickel 28 Capital Corp. provides this bi-weekly default status report in accordance with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders . The Company previously announced that it had been granted a management cease trade order by the Ontario Securities Commission, as principal regulator, in response to the Company's voluntary application on the basis that the [...]
Nickel 28 Capital Corp. today announced that it has entered into a settlement agreement with Black Vulcan Resources LLC and its principal, Anthony Milewski in connection with the termination of the Milewski Parties' consulting arrangement with the Company previously announced on May 6, 2024 . Nickel 28 and the Milewski Parties have entered into the Settlement which includes a full and final mutual release of any claims [...]
Nickel 28 Capital Corp. provides this bi-weekly default status report in accordance with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders . The Company previously announced that it had been granted a management cease trade order by the Ontario Securities Commission, as principal regulator, in response to the Company's voluntary application on the basis that the [...]
Nickel 28 Capital Corp. is pleased to announce that, further to its news release dated May 16, 2024, the Ontario Securities Commission, as principal regulator, has granted the Company a management cease trade order in response to the Company's voluntary application in respect of its delay in filing its audited annual financial statements, management's discussion and analysis, and related certifications, all for the year [...]
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. announced today that it has made a voluntary application to the applicable Canadian securities regulatory authorities for a temporary management cease trade order under National Policy 12-203 - Management Cease Trade Orders , which, if granted, will prohibit trading in securities of the Company by certain directors and officers of the Company until such time as the Required Filings and all [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending March 31, 2024 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 . Q1 2024 Ramu Highlights: Ramu Q1 2024 production of 8,282 tonnes of contained nickel in MHP [...]
We are issuing this statement in response to recent allegations made by the Special Committee of Nickel 28 Capital Corp. , concerning the terminations of Mr. Anthony Milewski, Mr. Justin Cochrane, and Mr. Conor Kearns . The Special Committee has made several claims regarding the circumstances surrounding the terminations of the Founding Management Team. We categorically deny these allegations and assert that they are [...]