Nickel 28 Capital Corp V.NKL

New Press Release - Pelham Investment Partners LP Confirms Recommendation to Vote WITHHOLD on Board of Directors of Nickel 28 Capital Corp on YELLOW Proxy

Following ISS, second independent proxy advisory firm, Egan-Jones, has also recommended that shareholders vote using only the YELLOWProxy. Egan-Jones recommends that shareholders vote WITHHOLD against management's entire director slate.In light of a recent Court ruling, it is imperative that...read article.

[ICNick]

This is getting merky. I am far from being an expert on voting majority for each director and what happens if there are more "witheld" than votes for. I found a good article on Stikeman's website that provides an explanation of the rules. For those interested: https://www.stikeman.com/en-ca/kh/canadian-securities-law/statutory-majority-voting-requirements-to-come-into-force-for

[microcaptt]

100% agree. Vote with the yellow proxy and vote to withhold from any nickel-28 directors. Given the court ruling a vote to withhold is a vote for Pelham.