Nickel 28 Capital Corp.·Basic Materials

Toronto, Ontario--(Newsfile Corp. - May 15, 2026) - Nickel 28 Capital Corp. (TSXV: NKL) (FSE: 3JC0) ("Nickel 28" or the "Company") is pleased to provide an update on mineral resources and reserves based on data (unaudited) for the Ramu Nickel-Cobalt operation ("Ramu") from the project operator, China Metallurgical Group Corporation ("MCC"). Nickel 28 currently holds an 8.56% joint-venture interest in Ramu.

Toronto, Ontario--(Newsfile Corp. - May 13, 2026) - Nickel 28 Capital Corp. (TSXV: NKL) (FSE: 3JC0) ("Nickel 28" or the "Company") is pleased to announce the pending receipt of its tenth cash distribution from the Ramu joint venture. Nickel 28 has received confirmation of a cash distribution for H2 2025 operating performance of approximately US$2.1 million in respect of its 8.56% joint-venture interest in the Ramu Nickel-Cobalt project in Papua New Guinea, which is operated by Metallurgical Corporation of China.

Toronto, Ontario--(Newsfile Corp. - April 15, 2026) - Nickel 28 Capital Corp. (TSXV: NKL) (FSE: 3JC0) ("Nickel 28" or the "Company") today announced that it has been advised by Ramu NiCo Management (MCC) Limited, the operator of the Ramu Nickel-Cobalt integrated operation in Papua New Guinea (the "Ramu Operation"), that a proposal for development has been lodged with the Mineral Resources Authority of Papua New Guinea under the Mining Act, detailing a proposed phase II expansion of the Ramu Operation (the "Proposed Expansion"). Based on the application materials supporting the Proposed Expansion that the Company has reviewed, if completed, the Proposed Expansion would be expected to approximately double the production capacity of the current Ramu Operation at a projected cost of approximately US$1.6 billion.
Nickel 28 Capital Corp. operates as a base metals company. The company holds an 8.56% joint-venture interest in the Ramu Nickel-Cobalt operation located in Papua New Guinea. It also manages a portfolio of 13 nickel and cobalt royalties on exploration and development projects in Canada, Australia, and Papua New Guinea. It intends to invest in a battery metals-focused portfolio of streams, royalties, and direct interests in mineral properties containing battery metals. The company was formerly known as Conic Metals Corp. and changed its name to Nickel 28 Capital Corp. in March 2021. Nickel 28 Capital Corp. was incorporated in 2019 and is headquartered in Toronto, Canada.
Basic Materials
Industrial Materials
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2019-11-20
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