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.

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Nickel 28 Capital Corp > Nickel 28 Confirmation of Largest Ever Ramu Cash Distr.

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Comment by Talchioron Apr 20, 2023 12:23am

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Post# 35404443

RE:RE:Nickel 28 Confirmation of Largest Ever Ramu Cash Distr.

I asked yesterday on the ceo.ca channel.
Anthony Mileweski confirmed that's an option and not an obligation.

As I thought, they can still use the money to pay back the debt. Without this announcement, they could not start the buy back.

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