LEADERSHIP

Bruises all round on eve of proxy vote for Nickel 28

On the eve of the proxy vote, the battle for control of Nickel 28 has culminated in the challenger’s nominees being ruled invalid and the incumbents entering with a board of primarily non-independent directors.

Nickel 28’s share price was last quoted on 7 June at C$1.35 (US$1.01), having risen 2.27% day-on-day.

Nickel 28’s share price was last quoted on 7 June at C$1.35 (US$1.01), having risen 2.27% day-on-day.

Canada's Supreme Court of British Columbia has granted a request brought by Nickel 28 independent director Maurice Swan that confirmed New York-based hedge fund Pelham LP's nominees were not put forward...

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