Nickel 28 Capital discloses its newly reconstituted Board of Directors

– CANADA, Toronto –  Nickel 28 Capital Corp. (TSX: NKL | FSE: 3JC0) today announced the reconstitution of its Board of Directors.

Based upon the recommendations of the Independent Review Committee, the Board is now comprised of the following six directors:

  • Ned Collery,
  • Anthony Milewski,
  • Brett Richards,
  • Ian Ross,
  • Maurice Swan,
  • Chris Wallace.

Mr. Milewski will continue to lead the management team, as CEO while C. Ian Ross will chair the Board as its Non-Executive Chair.

The reconstituted Board unanimously approved the issuance of the following joint statement:

“We support the reconstitution of the Board announced today, and look forward to a new and bright future for the Company. Each of us is committed to ensuring that the reconstituted board collectively provides effective and independent oversight, governan,ce and direction to the Company. We look forward to the future success of Nickel 28 under the revitalized board’s stewardship.”

About Edward Collery

Ned Collery has over a decade of experience in investing in the natural resources and mining space. Mr. Collery is the founder and President of Pelham Investment Partners LP, a private investment partnership and a significant shareholder of the CompanyBeforeto founding Pelham Investment Partners LP, Mr. Collery worked as a research analyst and partner in the investment management industry. Mr. Collery holds a B.A. in Economics from Vanderbilt University with a minor in Financial Economics.

About Brett A. Richards

Brett Richards is an experienced and accomplished natural resources executive and corporate director with over 37 years of experience in senior and operational management, project development,nt and corporate business development in the mining and metals industry. Mr. Richards is CEO and a director of TSX-V-listed Goldshore Resources Inc. Mr. Richards is also a director and Chair of the board of Banro Corporation Ltd.

About Christopher S. Wallace

Chris Wallace is Managing Director of CCC Investment Banking, a mid-market investment bank that is involved in mergers and acquisitions, financings, and valuations and provides fairness and expert opinions. Mr. Wallace is an experienced corporate director and currently sits on the board of GoviEx Uranium Inc., the fifth largest publicly-traded uranium company by resource size in the world. Mr. Wallace also serves as Chair of the audit committee and as a member of the human resources and compensation committee of the board of GoviEx Uranium Inc.

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 Guinea. Ramu provides Nickel 28 with significant attributable nickel and cobalt production thereby offering our shareholders direct exposure to two metals which are critical to the adoption of electric vehicles. In addition, Nickel 28 manages a portfolio of 10 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.

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