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 in the 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.

TSXV:NKL - Post by User

Nickel 28 Capital Corp > Normal course issuer bid” (“NCIB”) Share buyback

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Post by urai58on Oct 30, 2021 5:54am

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Post# 34067301

Normal course issuer bid” (“NCIB”) Share buyback

Here are the main points. According to this, Nickel 28 has probably not yet repurchased any shares. In particular, no shares may be purchased if Nickel 28 has material information that has not yet been communicated. Nickel 28 is considered an insider when buying back shares. Purchases made in the previous month must be reported by the 10th day of the month. Also, buybacks are limited to 25% of the average daily volume.

urai58

[url=https://https://www.dlapiper.com/en/canada/insights/publications/2020/12/key-considerations-when-considering-a-normal-course-issuer-bid/][/url]

urai5

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