Nickel 28 Capital Corp
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Craig T. Lennon
- Full Time Employees
- 7
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 666 Burrard Street Vancouver BC Canada V6C 2X8
- IPO Date
- Nov 18, 2019
- Website
- nickel28.com
- Similar Companies
- Business
- Nickel 28 Capital Corp. is a battery metals royalty company focused on nickel and cobalt assets critical to electric vehicles and energy storage; it holds an 8.56% joint-venture interest in the Ramu Nickel-Cobalt operation in Papua New Guinea, which generates attributable production of over 2,900 tonnes of nickel and 600,000 pounds of cobalt annually, increasing to 11.3% ownership and higher production following partner loan repayments; the company also manages a portfolio of royalties including a 1.75% net smelter return on the Dumont Nickel-Cobalt project in Quebec, Canada, a 2% net smelter return on the Turnagain Nickel-Cobalt project in British Columbia, Canada, and additional net smelter returns on the Flemington Cobalt-Scandium-Nickel project in Australia, Nyngan Cobalt-Scandium-Nickel project in Australia, and other exploration-stage nickel, cobalt, silver, lead, zinc, and scandium properties in Canada, Australia, Papua New Guinea, and Yukon. Founded in 2019 and headquartered in Toronto, Ontario at Suite 5300, TD Bank Tower, 66 Wellington Street West, the company formerly known as Conic Metals Corp. rebranded to Nickel 28 Capital Corp. in March 2021 to emphasize its producer status through the Ramu interest. Nickel 28 operates primarily in the battery metals segment, targeting shareholders seeking exposure to near-term cash flows from producing assets and long-term upside from development projects amid rising electric vehicle demand. Recent developments include confirmation of a US$1.4 million cash distribution from Ramu for H1 2025 operations and a US$2.5 million partner debt repayment in October 2025, reducing attributable debt to US$34.9 million; release of Ramu Q3 2025 operating performance in November 2025 showing progress toward full production; announcements of operational changes and cost-cutting measures in December 2024; filing of fiscal Q3 2025 financial statements in December 2024; and positive advancements in its royalty portfolio such as power allocation for Dumont, geophysics at Turnagain by Giga Metals, and drilling at Flemington by Australian Mines, all within the past year.
Company News
Nickel 28 Announces Confirmation of Cash Distribution from Ramu Joint Venture
Nickel 28 Royalty Portfolio Update
Nickel 28 Capital (OTCMKTS:CONXF) Shares Down 5.8% – Time to Sell?
Nickel 28 Releases Ramu Q2 Operating Performance
Nickel 28 Files Fiscal Q1 2027 Financial Statements
Nickel 28 Announces Results of Shareholder Meeting
Nickel 28 Releases Ramu Q1 Operating Performance
Nickel 28 Announces Filing of Annual Financial Statements
Nickel 28 Announces Increase in Ramu Mineral Resources and Mineral Reserves
Nickel 28 Announces Confirmation of Cash Distribution from Ramu Joint Venture
Nickel 28 Announces Proposed Ramu Expansion and Related Developments
Nickel 28 Releases Ramu Q4 and Full Year 2025 Operating Performance
Nickel 28 Provides Corporate Update
Nickel 28 Directors Secure Dismissal of Actions Brought Against Them by Former Executives Justin Cochrane & Conor Kearns in Court
Nickel 28 Announces Proposed Normal Course Issuer Bid
Nickel 28 Files Fiscal Q3 2026 Financial Statements
Nickel 28 Releases Ramu Q3 2025 Operating Performance
Nickel 28 Announces Confirmation of Cash Distribution from Ramu Joint Venture
Nickel 28 Files Fiscal Q2 2026 Financial Statements
Nickel 28 Releases Ramu Q2 2025 Operating Performance