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Bullboard - Stock Discussion Forum
Nickel 28 Capital Corp
V.NKL
Alternate Symbol(s):
CONXF
Metals & Mining
Industrial Metals & Minerals
Nickel 28 Capital Corp. is a Canada-based nickel-cobalt producer through its 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea. In addition, the Company manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia and Papua New Guinea, including a 1.75% net smelter return (NSR) royalty on the fully permitted Dumont nickel project...
in Quebec and a 2.0% NSR royalty on the Turnagain nickel project in British Columbia. The Company is focused on building its portfolio of battery metals investments, including streams, royalties and other direct interests in producing mines, development projects or exploration properties. The Company's royalties include Dumont Nickel-Cobalt Royalty, Turnagain Nickel-Cobalt Royalty, Flemington Cobalt-Scandium-Nickel Royalty and Nyngan Cobalt-Scandium-Nickel Royalty.
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Bullboard (TSXV:NKL)
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•••
PressRelease
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PressRelease
on Jun 16, 2023 5:00pm
New Press Release - Nickel 28 Announces Appointment of New Independent Director and Provides Update on Majority Voting Policy
TORONTO, June 16, 2023 (GLOBE NEWSWIRE) -- Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) is pleased to announce the appointment of Mr. C. Ian Ross as a new independent director to the Board of Directors (the “Board”), effective immediately. Mr. Ross brings...
read article.
(28)
•••
ICNick
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Comment by
ICNick
on Jun 16, 2023 2:30pm
RE:other partners
I would and you would. I do not know about the rest of the partners because we have no idea how those relationships were formed. Investments by N28 (and before) were done at the beginning of Ramu and
...more
Two New Hydrocarbon Productive Participation Contracts Awarded in Venezuela
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The contracts cover five onshore fields that are currently producing approximately 3,000 bbl/d of oil. The Blocks have existing production and transportation infrastructure in place. ...read more
(28)
•••
enjoytheride
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Post by
enjoytheride
on Jun 16, 2023 1:50pm
other partners
MCC Group and the other Ramu partners have to be giving the side eye to the existing directors of NKL ( assuming they haven't yet complied with the Majority Voting Policy and tendered their
...more
(28)
•••
ICNick
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Comment by
ICNick
on Jun 14, 2023 10:20pm
RE:RE:RE:Nickel 28's Majority Voting Policy
I totally agree with you that ethically speaking a sound negotiation would be the best approach. howver and looking at how the have managed themselves so far, I doubt they will act rationally.
(24)
•••
microcaptt
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Comment by
microcaptt
on Jun 14, 2023 5:35pm
RE:RE:Nickel 28's Majority Voting Policy
My 2 cents. If the board of directors act ethically and uphold their duty they will either step down or call a special meeting to reconstitute the board with the input of Pelham and shareholders
...more
(28)
•••
ICNick
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Comment by
ICNick
on Jun 14, 2023 5:05pm
RE:Nickel 28's Majority Voting Policy
In your opinion, what will the board decide, and what should be Pelham's next move if any?
(28)
•••
ICNick
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Comment by
ICNick
on Jun 14, 2023 10:28am
RE:Nickel 28's Majority Voting Policy
You are right. There is room to debate things left and right. Let's see what the board will decide.
(3)
•••
RodCSp
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Post by
RodCSp
on Jun 14, 2023 10:11am
Nickel 28's Majority Voting Policy
I'm no lawyer, but it seems that the Policy leaves them some outs ! " In light of the fact that each of the directors received less than majority support at the meeting, the board of
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(24)
•••
microcaptt
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Comment by
microcaptt
on Jun 14, 2023 9:54am
RE:Reconstitute the board!
I totally agree. TBH if these guys don't step down I think there is a valid argument that they have breached their fiduciary duty and have not acted in good faith based on the outcome of the
...more
(28)
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ICNick
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Post by
ICNick
on Jun 13, 2023 7:05pm
Reconstitute the board!
Indeed, if a director doesn't get a majority of votes, that director is supposed to resign. All directors didn't get a majority of votes, they should now all tender their resignation and the
...more
(24)
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microcaptt
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Comment by
microcaptt
on Jun 13, 2023 6:03pm
RE:RE:Jon Brown posts
Re: Jon Brown. My apologies, I thought that message was directed at me. What I just wrote is true but wasn't necessary given your question was dealing with something totally separate.&
...more
(24)
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microcaptt
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Comment by
microcaptt
on Jun 13, 2023 5:59pm
RE:Jon Brown posts
Rod - happy to explain. For starters I don’t own many stocks/companies where I have such material issues with both management and the board of directors as I do with N28. Second, I own
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(0)
•••
PressRelease
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Post by
PressRelease
on Jun 13, 2023 5:33pm
New Press Release - Pelham Investment Partners LP Comments on Election of Directors at the Annual General Meeting of Nickel 28 Capital Corp.
Majority of Votes Withheld from All Incumbent Nickel 28 Directors Board Has Lost Mandate of Shareholders to Lead the Company Reconstitution of the Board with Truly Independent Directors Representative of Shareholders is the Only Honorable and Appropriate Course of ActionNEW YORK, June 13,...
read article.
(3)
•••
RodCSp
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Post by
RodCSp
on Jun 13, 2023 5:32pm
Jon Brown posts
No offence, but why do you post on the NKL discussion thread ? Do you post on all threads ? I'd only like to see NKL discussions. Rod
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