On August 14, 2023, Nickel 28 Capital Corp. announced the reconstitution of its board of directors in accordance with the recommendations of an independent review committee of the Board (IRC) established for the purposes of, among other things, considering whether the resignations previously tendered by 5 of the Company?s directors pursuant to the Company?s majority voting policy should be accepted. The Company stated that based upon the recommendations of the IRC, the Board has been reconstituted as follows: (1) the resignations of Anthony Milewski and Maurice Swan as directors were not accepted such that Anthony Milewski and Maurice Swan continue on the Board; (2) the resignations of Justin Cochrane, Lance Frericks, and Philip Williams as directors have been accepted; (3) Edward (Ned) Collery, Brett A. Richards, and Christopher S. Wallace have been appointed to the Board to fill the vacancies created by these resignations; (4) C. Ian Ross, who was appointed on June 16, 2023 as an independent director and the Chair and sole member of the IRC, also continues on the Board.