Ramu Pauses Operations Following Earthquake in Madang Province

TORONTO--(BUSINESS WIRE)--Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) announces that on October 7, 2023 at approximately 18:34 local time an earthquake of magnitude 6.7 struck Papua New Guinea (“PNG”) with the epicenter approximately 5 km to the south of Ramu Mine’s Basumuk HPAL plant (56 km southeast of Madang). Immediately following the earthquake, Ramu Mine personnel initiated a controlled plant shutdown in order to address any issues and to ascertain the e