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Nickel 28 Announces Results of Shareholder Meeting and Provides Board Update
TORONTO--(BUSINESS WIRE)--Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) announces the results of its annual general and special
About this update from Nickel 28 Capital Corp
[{"type":"text","content":"TORONTO--(BUSINESS WIRE)--Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) announces the results of its annual general and special meeting of shareholders held on June 12, 2023 (the “Meeting”). At the Meeting, all incumbent directors were duly re-elected as directors of Nickel 28. All other items put forward for consideration at the Meeting were also approved, including confirmation of the shareholder rights plan. In light of the fact that each of the directors received less than majority support at the Meeting, the Board of Directors (the “Board”) is considering the application of the Company’s majority voting policy (the “Policy”) with respect to the Meeting and a further update will be provided promptly following the Board’s determination. A copy of the Policy is available on the Company’s website at www.nickel28.com. 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 (%) Anthony Milewski Elected 26,450,735 41.56% 37,189,950 58.44% Justin Cochrane Elected 27,019,685 42.29% 36,868,375 57.71% Maurice Swan Elected 26,395,086 41.54% 37,145,599 58.46% Philip Williams Elected 26,381,532 41.52% 37,157,253 58.48% Lance C. Frericks Elected 25,996,748 41.20% 37,107,292 58.80% At the Meeting, the shareholders of the Company also approved: (i) 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; and (ii) an ordinary resolution, with or without amendment, the full text of which is set out in the Circular, confirming, ratifying and approving the shareholder rights plan of the Company. The voting results on each resolution are set out below: Reappointment of Auditor Outcome of the Vote Votes for Votes against Carried 62,136,682 1,899,278 97.03% 2.97% Approval of Shareholder Rights Plan Outcome of the Vote Votes for Votes against Carried 61,129,323 2,906,637 95.46% 4.54% 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 G...