Pelham Investment Partners LP Notes the Approaching Deadline for its Premium Tender Offer for Nickel 28 Shares and Comments on Nickel 28's

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[{"type":"text","content":"\n \n \n \n Pelham Investment Partners LP Notes the Approaching Deadline for its Premium Tender Offer for Nickel 28 Shares and Comments on Nickel 28's\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 Premium tender offer for up to 10,000,000 common shares at\n \n $1.20\n \n per common share in cash (representing a significant premium of approximately 22% to the closing price of the Company's common shares on the TSXV on\n \n March 20, 2023\n \n and a 23% premium to the volume-weighted average price of the Company shares on the TSXV for the thirty (30) trading days preceding the announcement of the Tender Offer)\n \n \n \n \n Pelham LP's tender offer provides shareholders the opportunity to realize liquidity in a stock with limited trading volume and a pattern of poor corporate governance\n \n \n \n \n The deadline to tender your shares is\n \n 5:00 p.m. (Eastern Time)\n \n on\n \n April 25, 2023\n \n \n \n \n \n Shareholders who have questions with respect to the Tender Offer should contact Laurel Hill Advisory Group, the Depositary and Information Agent for the Tender Offer, at 1-877-452-7184 (North America Toll Free), 416-304-0211 (Calls Outside North America) or by email at\n \n [email protected]\n \n \n \n \n \n Contrary to the Company's assertions,\n \n Pelham's\n \n Tender Offer is\n \n neither\n \n a \"scheme\", nor is it \"coercive\", or a \"mini-tender\"\n \n \n \n \n In light of the historically excessive executive compensation at Nickel 28, the board's adoption of a \"poison pill\" plan is difficult to reconcile with its fiduciary duty to shareholders\n \n \n \n \n \n \n NEW YORK\n \n \n ,\n \n \n April 19, 2023\n \n \n /CNW/ - Pelham Investment Partners LP (\"\n \n Pelham LP\n \n \") would like to thank shareholders of Nickel 28 Capital Corp. (formerly Conic Metals Corp.) (TSXV: NKL) (\"\n \n Nickel 28\n \n \" or the \"\n \n Company\n \n \") who have already tendered to Pelham LP's tender offer for up to 10,000,000 common shares of Nickel 28, at a price of\n \n $1.20\n \n per share, payable in cash (the \...

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