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Nickel 28 Capital Corp V.NKL

Alternate Symbol(s):  CONXF

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

Post by RodCSpon May 30, 2023 11:14am
115 Views
Post# 35470324

Milking the company

Milking the companyMy complaint is with the exorbitant compensation that the chairman and president have given themselves.

$1.36 Million dollars for Anthony Milewski & 1.6 Million RSU's

$666 Thousand for Justin Cochrane & 1.6 Million RSU's

Also Conor Kearns getting $302 Thousand.

Exactly what have these guys done in the past few years that justifies taking a HUGE portion of the company's income ?

THERE SHOULD BE A 'SAY ON PAY' VOTE ON THE CURRENT PROXY.

From the Circular :
The Company’s current compensation policies and programs for executive officers consists of a base
salary
/compensation, cash bonuses, stock options (“Options”), restricted share units (“RSUs”) and
performance share units (“PSUs”, and collectively with Options and RSUs, “Awards”), and may include
other customary employment benefits.
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