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Nickel 28 Capital Corp.: Nickel 28 Announces Proposed Normal Course Issuer Bid


Nickel 28 Capital Corp.: Nickel 28 Announces Proposed Normal Course Issuer Bid
NKL) (FSE:
3JC) is pleased to announce a proposed normal course issuer bid to repurchase its common shares. 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 common shares at their current trading price would be highly accretive to our net asset value per share and represents the highest rate of return on an investment that the Company could make, stated Anthony Milewski, the Company s Chairman. He continued, Accordingly, the purchase for cancellation of shares by Nickel 28 during these times will benefit the remaining shareholders by increasing their proportionate ownership in the Company. ....

Papua New Guinea , Anthony Milewski , Justin Cochrane , Capital Corp , Regulation Services Provider , Company Chairman , Venture Exchange , Ramu Nickel Cobalt Operation , Papua New , பப்புவா புதியது கினியா , அந்தோணி மைல்வ்ஸ்கி , ஜஸ்டின் கோக்ரேன் , மூலதனம் கார்ப் , ஒழுங்குமுறை சேவைகள் வழங்குநர் , நிறுவனம் தலைவர் , துணிகர பரிமாற்றம் , ராமு நிக்கல் கோபால்ட் செயல்பாடு , பப்புவா புதியது ,