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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 ICNickon May 30, 2023 12:23pm
168 Views
Post# 35470489

Independant officer vs non-independant officer?

Independant officer vs non-independant officer?

In the initial Nickel 28 circular, Mr. Williams is "Lead independant Director" (page10), and  Chair of Audit commitee (p.36) and Chair of the the Compensation committee (p.37).
Now, in the recent circular supplement, Mr. Williams is a Non-Independant director. Mr. Williams is CEO of Consolidated Uranimum Inc. (p. 11) and Mr. Milewski is Director at Consolidated Uranium Inc. (P.9).
it seems pretty clear to me that there is non-independance here. The optics are vey bad, and unfortunatly these are no longer only optics. Why do we have to find out via Pelham that the Chair of Audit and Compensation Commitees is really non-independant?
That is the drop in my bucket. I understand what my vote should be now!

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