Nickel 28 Capital Corp.

Nickel 28 Capital Corp. is pleased to announce the successful resumption of full production levels at the Ramu Nickel-Cobalt Mine's Basamuk HPAL plant. On December 18, 2024, the Company announced a short-term reduction in production due to a mechanical failure of one of the two blowers in the acid plant at Ramu's HPAL plant. Nickel 28 - News Releases. The Company is pleased to announce the mechanical repair and [...]

Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending December 31, 2024, and for the full calendar year of 2024 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 . Full Year and Q4 2024 Ramu Highlights: Ramu Q4 2024 [...]

Nickel 28 Capital Corp. today announced the appointment of Cindy Davis as Chief Financial Officer and the grant of stock options. Appointment of Cindy Davis as Chief Financial Officer Further to Nickel 28's news release dated December 2, 2024, the Company is pleased to announce the appointment of Cindy Davis as the Company's Chief Financial Officer. Mrs. Davis replaces Craig Lennon following his appointment as President [...]

Nickel 28 Capital Corp. has released its results for the quarter ended October 31, 2024. All figures are expressed in United States dollars, unless otherwise indicated. Quarterly Highlights The Company's principal asset, its 8.56% joint-venture interest in the Ramu Nickel-Cobalt integrated operation in Papua New Guinea , had another strong quarter. Highlights from Ramu and the Company during the quarter include: Cash [...]

Nickel 28 Capital Corp. is pleased to provide an update regarding further cost cutting measures and resulting organizational changes. Change to the Executive Management of Nickel 28: Effective December 31st, 2024 Chris Wallace will be stepping down as Chief Executive Officer. Craig Lennon, Chief Financial Officer and Head of Asia Pacific, will be assuming the role of Chief Executive Officer, in addition to his current [...]

Nickel 28 Capital Corp. today announced that it has become aware of an action commenced by Justin Cochrane, former President of the Company, against the Company and two of its directors, Brett Richards and Edward Collery. The Company believes that the Action has no merit and will vigorously defend it. Mr. Cochrane was terminated for cause on May 3, 2024, after the Company found evidence of serious misconduct, breach of [...]

Nickel 28 Capital Corp. is pleased to provide an update on executive compensation matters and announce the adoption by the board of directors of a fixed 10% stock option plan . "We are pleased to announce the adoption of a new fixed 10% stock option plan as a final element of Nickel 28's new and enhanced executive compensation program," commented C. Ian Ross, Chairman of the Board of Nickel 28. "Since the reconstitution [...]

Nickel 28 Capital Corp. is pleased to provide operational results for the quarter ending September 30, 2024 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 2024 Ramu Highlights: Ramu Q3 2024 production of 6,880 tonnes of contained nickel in [...]

Pelham Investment Partners LP announced today the acquisition of additional common shares of Nickel 28 Capital Corp. pursuant to the early warning requirements of applicable Canadian securities laws. On October 21, 2024, Pelham LP acquired an aggregate of 57,800 Common Shares at an average price per share of $0.7902 for an aggregate purchase price of approximately $45,674 over the facilities of the TSX Venture Exchange [...]

Nickel 28 Capital Corp. is pleased to announce the pending receipt of its seventh cash distribution from the Ramu joint venture. Nickel 28 has received confirmation of a cash distribution for H1 2024 operating performance of approximately US$4.0 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 [...]