Nickel 28 Capital Corp (TSE:NKL) has released an update.
Nickel 28 Capital Corp has reached a settlement with its former CEO and Black Vulcan Resources, resulting in the return and cancellation of nearly 5 million common shares at no cost to the company. This action, recommended by an independent committee, will reduce the total issued shares and is seen as advantageous for the company’s future focus on strategic goals. Additionally, the settlement has led to Anthony Milewski’s immediate resignation from the company’s board.
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