Company Overview - Nickel 28 Capital Corp. is a nickel-cobalt producer with an 8.56% joint-venture interest in the Ramu Nickel-Cobalt Operation in Papua New Guinea, providing significant nickel and cobalt production critical for electric vehicle adoption [3] - The company also manages a portfolio of 10 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea [3] Stock Options Grant - The company granted 810,811 stock options to Mr. Craig Lennon as part of his long-term incentive compensation for the financial year ending January 31, 2027 [2] - The stock options are exercisable at a price of $1.01 per common share for five years, vesting rateably over three years, with the first anniversary on February 1, 2027 [2] - The stock options will be earned based on total shareholder return (TSR) performance criteria, starting from a price of $1.09 per common share until January 31, 2027, with specific TSR thresholds for earning portions of the options: 25% for 20% TSR, 50% for 40% TSR, 75% for 60% TSR, and 100% for 80% TSR [2]
Nickel 28 Provides Corporate Update
TMX Newsfile·2026-02-09 12:00