Friday, August 1, 2025

Latest

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

Why Gold’s Bull Run May Just Be Getting Started! | Peter Grandich

Tariffs Spark New Race for Critical Metals | Rob McEwen

Antimony Resources: The Bald Hill Project

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Karora Reduces 2023 Gold Production Guidance As It Increases Focus On Nickel

Karora Resources (TSX: KRR) this morning posted its fourth quarter financial results, highlighted by topline...

Thursday, March 23, 2023, 08:38:59 AM

Canada Nickel Identifies Exploration Target 15% Larger Than Crawford, Options New Claims

Canada Nickel Company (TSXV: CNC) this morning announced that it has entered into a binding...

Wednesday, February 17, 2021, 07:45:44 AM

Nickel 28: Free Cash Flow Positive In 2021? – The Daily Dive feat Anthony Milewski

Joining us today on The Daily Dive is that of Anthony Milewski, whom is Chairman...

Wednesday, June 2, 2021, 01:30:00 PM

Karora Resources Sells 28% Stake In Dumont For $7.4 Million Up Front Payment, Announces Share Consolidation

Karora Resources (TSX: KRR) announced this morning that it has sold its interest in the...

Wednesday, July 22, 2020, 08:49:52 AM

Nickel Volatility Explained: London Metal Short Squeeze on a Nickel Plated Nine

The London Metals Exchange has closed trading in nickel contracts until future notice, and will...

Wednesday, March 9, 2022, 10:02:07 AM