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 > The board has resign, how can they appoint?

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Post by ICNickon Jun 16, 2023 10:00pm

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Post# 35501338

The board has resign, how can they appoint?

The press release mentions that each member of the board has tendered his resignation.
I have read somewhere that if a board member resigns, that member cannot vote unless he/she is re-instated as a board member.

How can a new director be appointed by the board if its directors are not allowed to vote because they just resigned?
any thoughts/comments?

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