Business
Conic Announces ESG Compliance Initiative and Adds New Board Member
Conic Announces ESG Compliance Initiative and Adds New Board Member Canada NewsWir...
About this update from Nickel 28 Capital Corp
[{"type":"text","content":"\n\n\n\nConic Announces ESG Compliance Initiative and Adds New Board Member\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Dec. 16, 2019\n\n\n\nTSX Venture:  NKL\n TORONTO, Dec. 16, 2019 /CNW/ - Conic Metals Corp. (\"Conic\" or the \"Company\") (TSXV: NKL) announced today that it will begin an initiative that aims to obtain an ESG rating for the Company and the appointment of Ms. Candace MacGibbon to the board of directors of the Company (the \"Board of Directors\"), effective immediately. \n\n \n \n\n \nEnvironmental, social, and governance (\"ESG\") are the three primary components of measuring the sustainability and ethical impact of an investment. The lack of information on the environmental and social policies and governance practices in the mining industry is an ongoing problem. The Company recognizes that greater transparency on the ESG practices of companies within the industry is needed. Conic is committed to understanding ESG principles and integrating ESG criteria in its operations and strategic plans in order to create value for shareholders in a sustainable way. As part of this ESG initiative, the Company intends to engage consultants to assist with the creation of a corporate framework to operate within ESG principles in anticipation of seeking a rating from one of the various ESG rating agencies next year. \n\"We are excited to welcome Candace MacGibbon to the Board of Directors,\" commented Justin Cochrane, Conic's President & Chief Executive Officer. \"Her extensive background in commercial and corporate governance matters, coupled with her years of experience in the global mining and metals sector, will be of tremendous benefit to the Board of Directors as we work to advance Conic's strategic objectives.\"\nMs. MacGibbon is a CPA, CA with over 25 years of experience in the mining sector and capital markets.  She is currently the CEO of INV Metals Inc., a Canadian mineral resource company focused on the development and exploration of the Loma Larga gold property in Ecuador.  Ms. MacGibbon has a deep underst...