Company Profile

Nickel 28 owns a collection of assets which provide it with exposure to, principally, nickel and cobalt. The Company’s strategy is to maximize and, eventually, realize the value of those assets. The Company has no present expectation that it will make acquisitions of new assets. At the present time, the Company’s intention is to fund working capital through existing cash on hand and cash flow generated from its joint venture interest in the Ramu Nickel Mine.

Nickel 28’s primary focus is on opportunities that could provide shareholders near-term cash flow, and royalties on production and exploration-stage nickel and/or cobalt properties that could provide longer-term optionality on the price of nickel and cobalt. Investor demand for battery materials such as nickel and cobalt, has grown significantly over the past few years – and will continue to grow as the demand trajectory for electric vehicles increases year over year.

In 2018, Nickel 28 acquired an 8.56% joint-venture interest in the producing, long-life and world-class Ramu Nickel Cobalt Operation located in Papua New Guinea, which provides the company with significant attributable cash flow from Ramu’s nickel and cobalt production. In addition, the company manages a portfolio of ten nickel and cobalt royalties from battery metal projects at the development and exploration stage in Canada, Australia and Papua New Guinea.

The company’s disciplined strategy is steadfast: “to maximize shareholder value appreciation, through its assets and strong cash flow profile, and deliver growth to shareholders as the battery metals market strengthens”.