Nickel 28 Capital Corp (TSE:NKL) has released an update.
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Nickel 28 Capital Corp. has recently purchased 230,000 of its common shares for C$172,110 as part of its share buyback program, aiming to enhance shareholder value amid challenging market conditions for nickel and cobalt. The buyback was conducted under the company’s approved normal course issuer bid (NCIB) through the TSX Venture Exchange and alternative Canadian trading systems. The company believes that reducing its issued share capital is a strategic use of its capital to create shareholder value.
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