NEW YORK, N.Y., April 26, 2023 /CNW/ - Pelham Investment Partners LP ("Pelham LP") announces the expiry of its tender offer for up to 10,000,000 common shares of Nickel 28 Capital Corp. (formerly Conic Metals Corp.) (TSXV: NKL) ("Nickel 28" or the "Company"), at a price of $1.20 per share, payable in cash (the "Tender Offer"). The Tender Offer expired in accordance with its terms at 5:00 p.m. (Eastern time) on April 25, 2023 (the "Expiry Time"). In accordance with the terms of the Tender Offer, Pelham LP will complete the purchase of the shares validly tendered to the Tender Offer as at the Expiry Time and not withdrawn within three business days. Following taking-up and paying for the tendered shares, Pelham LP will own and control a total of 9,635,778 shares, representing approximately 10.50% of the total issued and outstanding shares, which will make Pelham LP (to its knowledge), the Company's single largest shareholder.