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Pelham Investment Partners LP Announces Acquisition of Additional Common Shares of Nickel 28 Capital Corp.
Pelham Investment Partners LP Announces Acquisition of Additional Common Shares of Nickel 28 Capi...
About this update from Nickel 28 Capital Corp
[{"type":"text","content":"\n\n\n\n Pelham Investment Partners LP Announces Acquisition of Additional Common Shares of Nickel 28 Capital Corp.\n \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 Canada NewsWire\n \n\n\n\n\n\n NEW YORK\n \n\n ,\n \n\n Oct. 22, 2024\n \n\n /CNW/ - Pelham Investment Partners LP (\"\n \n Pelham LP\n \n \") announced today the acquisition of additional common shares (the \"\n \n Common Shares\n \n \") of Nickel 28 Capital Corp. (formerly Conic Metals Corp.) (TSXV: NKL) (the \"\n \n Company\n \n \") pursuant to the early warning requirements of applicable Canadian securities laws.\n \n\n On\n \n October 21, 2024\n \n , Pelham LP acquired an aggregate of 57,800 Common Shares at an average price per share of\n \n $0.7902\n \n for an aggregate purchase price of approximately\n \n $45\n \n ,674 over the facilities of the TSX Venture Exchange (the \"\n \n Market Purchases\n \n \"). As a result of the Market Purchases, taken together with Pelham LP's acquisitions of Common Shares since the date of Pelham LP's last early warning report dated\n \n May 8, 2023\n \n , Pelham LP has acquired an additional 2% interest in the Common Shares and now holds approximately 16.2% of the issued and outstanding Common Shares.\n \n\n Immediately prior to the Market Purchases,\n \n Pelham\n \n owned and controlled a total of 14,437,478 Common Shares, representing approximately 16.1% of the total issued and outstanding Common Shares. Following the completion of the Market Purchases, Pelham LP owned and controlled an aggregate of 14,495,278 Common Shares, representing approximately 16.2% of the total issued and outstanding Common Shares. The percentage of Common Shares is based on the total of 89,411,722 Common Shares issued and outstanding as at\n \n October 21, 2024\n \n .\n \n\n The Common Shares were acquired by Pelham LP for investment purposes. Depending on market conditions and other factors, Pelham LP may from time to time in the future increase or decrease its direct or indirect ownership, control or direction over Common Shares or other securities of the Company, through open ma...