Nickel 28 Capital Corp. today announced the grant of stock options of the Company. Grant of Stock Options The Company has granted an aggregate of 810,811 stock options to purchase common shares of the Company to Mr. Craig Lennon under the Company's fixed stock option plan in connection with Mr. Lennon's long-term incentive compensation for the forthcoming financial year ended January 31, 2027. These stock options are [...]
Further to the May 16, 2025 press release of Nickel 28 Capital Corp. , the Company announces today that two of its board members, Brett Richards and Edward Collery, were entirely successful in striking the lawsuits brought against them by former executives Justin Cochrane and Conor Kearns. On November 3, 2025, Messrs. Collery and Richards brought parallel motions to strike the claims against them on the basis that the [...]
Nickel 28 Capital Corp. is pleased to announce a proposed normal course issuer bid to repurchase its common share. In the opinion of management and the board of directors of the Company , the common shares have recently traded in a price range that represents a substantial discount to the Company's net asset value and does not reflect the underlying value of the Company. "Using Nickel 28's excess liquidity to buy back [...]
Nickel 28 Capital Corp. has released its results for the quarter ended October 31, 2025. Quarterly Highlights Key financial and operating highlights from the Company's third financial quarter ended October 31, 2025, and the operations of the Company's principal asset, an 8.56% joint-venture interest in the Ramu Nickel-Cobalt integrated operation in Papua New Guinea , include the following: Production of 9,242 tonnes of [...]
28 Capital Corp. is pleased to provide operational results for the quarter ending September 30, 2025 for the Company's largest asset; the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Nickel 28 currently holds an 8.56% joint-venture interest in Ramu which is operated by the Metallurgical Corporation of China . Q3 2025 Ramu Highlights: Production of 9,242 tonnes of contained nickel in Mixed Hydroxide [...]
Nickel 28 Capital Corp. is pleased to provide an update on projects within its royalty portfolio. Nickel 28 Chief Executive Officer, Mr. Craig Lennon commented: "Over the past twelve months, a number of countries - led by the United States, China, India, and other BRICS nations, as well as several members of the European Union, have introduced significant changes to trade and foreign policy. Many of these initiatives [...]
Nickel 28 Capital Corp. is pleased to announce the pending receipt of its ninth cash distribution from the Ramu joint venture. Nickel 28 has received confirmation of a cash distribution for H1 2025 operating performance of approximately US$1.4 million in respect of its 8.56% joint-venture interest in the Ramu Nickel-Cobalt project in Papua New Guinea, which is operated by Metallurgical Corporation of China. Nickel 28 also [...]
Nickel 28 Capital Corp. has released its results for the quarter ended July 31, 2025. Quarterly Highlights Key financial and operating highlights from the Company's second financial quarter ended July 31, 2025, and the operations of the Company's principal asset, an 8.56% joint-venture interest in the Ramu Nickel-Cobalt integrated operation in Papua New Guinea , include the following: Production of 8,564 tonnes of [...]
Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending June 30, 2025 for the Company's largest asset; the Ramu Nickel-Cobalt integrated operation in Papua New Guinea. Nickel 28 currently holds an 8.56% joint-venture interest in Ramu which is operated by the Metallurgical Corporation of China . Q2 2025 Ramu Highlights: Production of 8,564 tonnes of contained nickel in Mixed Hydroxide [...]
Nickel 28 Capital Corp. today announced the results of its annual general meeting of shareholders held on June 24, 2025 . At the Meeting, each of the Company's nominees were duly elected as directors of Nickel 28. In addition, the shareholders of the Company also approved the reappointment of Baker Tilly WM LLP, Chartered Professional Accountants, as auditor of the Company for the ensuing year and to authorize the Board [...]
Nickel 28 Capital Corp. has released its results for the quarter ended April 30, 2025. Quarterly Highlights Key financial and operating highlights from the Company's first financial quarter ended April 30, 2025, and the operations of the Company's principal asset, an 8.56% joint-venture interest in the Ramu Nickel-Cobalt integrated operation in Papua New Guinea , include the following: Production of 6,970 tonnes of [...]
Nickel 28 Capital Corp. is pleased to provide an update on mineral resources and reserves based on data for the Ramu Nickel-Cobalt operation from the project operator, China Metallurgical Group Corporation . Nickel 28 currently holds an 8.56% joint-venture interest in Ramu. Ramu is operated by MCC which, along with its partners, owns an 85.0% interest. Following repayment of the Company's construction debt owed to MCC [...]