Tuesday, September 16, 2025

Nickel 28 Announces Share Buyback Program

Nickel 28 Capital (TSXV: NKL) this morning announced that it has been approved by the TSX Venture Exchange to conduct a normal course issuer bid. The share buyback program will see the company repurchase up to 8.7% of its currently outstanding shares.

Under the terms of the buyback program, the company is able to repurchase up to 7.5 million common shares of its equity. The program is valid for a twelve month period, which is slated to begin July 2, 2021.

The program is slated to be run by Haywood Securities, with all shares repurchased under the program to be cancelled. The share buyback program has been enacted by the company as a result of management believing that the equity is currently trading under the net asset value, with the current valuation not reflecting the full value of the company.

Nickel 28 Capital last traded at $1.01 on the TSX Venture.


FULL DISCLOSURE: Nickel28 Capital Corp. is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Nickel28 Capital Corp. on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Mansa Exploration Set To Acquire Wheeler Resources

Mansa Exploration (CSE: MANS) this morning announced that it has entered into an arrangement with...

Tuesday, June 1, 2021, 10:43:36 AM

Reputation on the Rocks: LME Discovers Bags of Nickel Were Replaced With Stones

The London Metal Exchange has yet another embarrassing scandal on its hands: this time, the...

Sunday, March 19, 2023, 11:29:00 AM

Nickel 28 Sees Ramu Mine Improve Production In Q1 Versus Fourth Quarter

The latest operational update for the Ramu Nickel-Cobalt mine was released this morning by Nickel...

Monday, May 9, 2022, 01:30:00 PM

Canada Nickel Reports 52% Nickel Recovery In Testing At Crawford Project

Canada Nickel Company (TSXV: CNC) this morning announced the results of metallurgical testing at its...

Monday, January 25, 2021, 08:09:29 AM

Canada Nickel Enters MOU With Glencore For Potential Use Of Kidd Facilities

Canada Nickel Company (TSXV: CNC) is steadily developing out its flagship Crawford Nickel-Cobalt Sulphide project...

Monday, January 11, 2021, 08:08:40 AM