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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 12:08pm
139 Views
Post# 35470456

Email I sent to Nickel 28

Email I sent to Nickel 28Feel free to edit and/or copy & send to info@nickel28.com :


Sirs;
 
My 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.
 
That’s over $2.3 Million from a company with just $6.4 Million in cash and securities.


As well ~ Individual Insiders 21.1%  19,374,290 shares, and you keep rewarding yourselves more shares in various forms.


Exactly what have these executives done in the past few years that justifies taking a HUGE portion of the company's income ?
 
“ Nickel 28’s recommended Board: remains committed to executing on Nickel 28’s patient and prudent strategy for maximizing sustainable value for all Shareholders in the long-term; “
 
I am very disappointed that there is not a “SAY ON PAY” vote on the proxy.
 


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