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Nickel 28 Capital Files Supplement to Circular for Upcoming Annual General and Special Meeting of Shareholders
Supplement Highlights Reasons to Vote BLUE Proxy and Provides Additional Information about Nickel 28’s Highly Aligned Board Pelham Has No Compelling Case for Ch
About this update from Nickel 28 Capital Corp
[{"type":"text","content":" Supplement Highlights Reasons to Vote BLUE Proxy and Provides Additional Information about Nickel 28’s Highly Aligned Board Pelham Has No Compelling Case for Change and No Real Plan for Your Investment Nickel 28 Shareholders Vote Your BLUE Proxy Today! TORONTO / May 29, 2023 / Business Wire / Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) announced that it has filed a supplement (the “Supplement”) dated May 27, 2023 that modifies and supplements its management information circular (the “Circular”) dated May 10, 2023 and related proxy materials in connection with its annual general and special meeting (the “Meeting”) of shareholders scheduled for June 12, 2023 at 10:00 a.m. (Toronto time). The Supplement provides additional information about the Company’s five highly qualified nominees for the board of directors (the “Board”) on the BLUE proxy. In addition, the Supplement reminds shareholders that the chairman of the Meeting (the “Chairman”), advised by independent counsel, previously determined that Pelham Investment Partners LP’s (“Pelham”) failed to deliver a proper notice (the “Notice”) in compliance with the Company’s advance notice provisions under its articles. As previously disclosed, the Chairman’s independent legal counsel has commenced a proceeding in the Supreme Court of British Columbia seeking a declaration confirming the decisions made by him in respect of the Notice and the Meeting. Pelham is purporting to solicit votes for its nominees in contravention of the Chairman’s determination that the director nominations contained in the Notice will not be considered for election to the Board at the Meeting. While the Chairman remains resolute in his commitment to ensuring the Meeting occurs in accordance with the Company’s articles and applicable laws and has notified Pelham that it will not be entitled to nominate directors, the Company is reiterating the reasons why shareholders should vote their shares in favor of the Company’s nominees in the Supplement in the face of Pelham’s challenge to the Chairman’s determination. The Supplement reiterates: The many important reasons to support Nickel 28’s recommended director nominees on the BLUE proxy, who have delivered for shareholders and positioned the Company to become a leading battery metals investment vehicle. The reasons to withhold y...