Nickel 28 Announces Results of Shareholder Meeting

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Nickel 28 Capital Corp. (TSXV: NKL) held its annual general meeting of shareholders on June 24, 2025, where shareholders voted on key corporate matters. All nominated directors - Edward Collery, Craig Lennon, Brett Richards, Clark Wang, and David Whittle - were successfully elected to the board. Craig Lennon received the highest approval with 99.93% of votes in favor.

Shareholders also approved the reappointment of Baker Tilly WM LLP as the company's auditor, with 74.69% of votes supporting the decision. The Board has been authorized to determine the auditor's remuneration.

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Toronto, Ontario--(Newsfile Corp. - June 26, 2025) - Nickel 28 Capital Corp. (TSXV: NKL) (FSE: 3JC0) ("Nickel 28" or the "Company") today announced the results of its annual general meeting of shareholders held on June 24, 2025 (the "Meeting"). 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 to fix their remuneration.

Detailed results of the votes at the Meeting are set out below:

Election of Directors	Outcome of the Vote
		Votes for (#)	Votes for (%)	Votes withheld (#)	Votes withheld (%)
Edward (Ned) Collery Craig Lennon Brett A. Richards Clark Wang David Whittle	Elected Elected Elected Elected Elected	25,570,254 39,706,572 25,997,540 25,572,374 25,570,274	64.35% 99.93% 65.43% 64.36% 64.35%	14,166,154 29,836 13,738,868 14,164,034 14,166,134	35.65% 0.08% 34.58% 35.65% 35.65%

 

Reappointment of Auditor	Outcome of the Vote
Carried	Votes for	Votes against
	32,462,549 74.69%	10,999,362 25.31%

 

About Nickel 28

Nickel 28 Capital Corp. is a nickel-cobalt producer through its 8.56% joint-venture interest in the producing, long-life and world-class Ramu Nickel-Cobalt Operation located in Papua New Guinea. Ramu provides Nickel 28 with significant attributable nickel and cobalt production thereby offering our shareholders direct exposure to two metals which are critical to the adoption of electric vehicles. In addition, Nickel 28 manages a portfolio of 10 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain information which constitutes 'forward-looking statements' and 'forward-looking information' within the meaning of applicable Canadian securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to statements with respect to the business and assets of Nickel 28 and its strategy going forward. Forward-looking statements involve known and unknown risks and uncertainties, most of which are beyond the Company's control. Should one or more of the risks or uncertainties underlying these forward-looking statements materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements.

The forward-looking statements contained herein are made as of the date of this release and, other than as required by applicable securities laws, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. The forward-looking statements contained in this release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this news release.

For more investor information - please contact:
Nickel 28 Investor Relations
Attn: Mr. Brett Richards
+1 905 449 1500
Email: info@nickel28.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256910

FAQ

What were the results of Nickel 28's (TSXV: NKL) 2025 shareholder meeting?

All nominated directors were elected, and Baker Tilly WM LLP was reappointed as auditor with 74.69% approval.

Who received the highest shareholder approval at Nickel 28's 2025 board election?

Craig Lennon received the highest approval with 99.93% of votes in favor.

What was the voting outcome for Nickel 28's auditor reappointment in 2025?

Baker Tilly WM LLP was reappointed as auditor with 74.69% of votes in favor and 25.31% against.

Who are the elected board members of Nickel 28 following the 2025 shareholder meeting?

The elected board members are Edward Collery, Craig Lennon, Brett Richards, Clark Wang, and David Whittle.