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Belgravia seeks CSE review of Tartisan compliance

Belgravia seeks CSE review of Tartisan compliance


BELGRAVIA CAPITAL FILES REQUEST THAT CANADIAN SECURITIES EXCHANGE REVIEW TARTISAN NICKEL'S ABILITY TO REMAIN LISTED AND OFFERS SHAREHOLDERS ALTERNATIVES

 

 

Belgravia Capital International Inc. has filed an application with the Canadian Securities Exchange requesting that the stock exchange review Tartisan Nickel Corp.'s compliance with the CSE's continued listing requirements (CLR). The application is primarily based on certain share transactions undertaken by and/or between Tartisan CEO Mark Appleby and third parties whom Belgravia believes Appleby acts together in respect of the shares they own or over which they exercise control and direction over.

Mehdi Azodi, President and CEO, Belgravia stated,

At first blush this application may seem counter-intuitive however, as one of Tartisan's largest shareholders, we believe that Tartisan's situation has deteriorated to such an extent and its current board is so entrenched that this is a viable alternative for Belgravia to protect all shareholders investments by trying to turn Tartisan around. Belgravia filed the application with the CSE for a number of reasons, but the overriding reason is that we believe Belgravia's interests, the interests of all non-management related shareholders and the interests of the CSE are all aligned

Azodi further explained that Belgravia's interests and the other non-management shareholders are aligned in that both realize that creation of shareholder value only comes through identification of promising projects and the expenditure of adequate funds under the supervision of seasoned management in order to ascertain their full potential. Tartisan's current directors and management have neither the ability nor the interest in doing that.

In conclusion, Azodi stated,

If the CSE invokes its quality assurance by suspending trading in Tartisan's shares in light of current management's past dealings and track record, and the current Tartisan board is replaced by the Belgravia nominees, Belgravia believes its 100-day plan and the reputation, skillset and the funding Belgravia can bring to Tartisan will create an entirely reinvigorated public company where shareholder value will be enhanced

IMMEDIATE ACTION IS IMPERATIVE TO CREATE SHAREHOLDER VALUE FOR TARTISAN NICKEL SHAREHOLDERS.

If you are also a concerned shareholder or have questions on how to cast your vote for the GREEN Proxy please contact D.F. King at 1-800-926-4985 (toll-free Canada) or by email at inquiries@dfking.com

Protect your investment by voting only your GREEN proxy form today or no later than 5:00 p.m. (Toronto Time) on Wednesday, September 12, 2018 FOR the Belgravia Nominees.

Background information regarding the solicitation of proxies can be found at http://www.aNewTartisan.ca

About Belgravia

Belgravia Capital International Inc. is focused on three core business divisions: Incubator, Investments, and Royalty & Management Services. The three divisions of Belgravia are high risk business ventures and expose shareholders to financial risks. The Incubator division provides capital to support the development of early stage companies in the Biotech/Healthcare, Technology, Resources and Medical sectors. Belgravia Holdings, the Investments division, invests in various private and public companies with a focus on value. Belgravia Royalty & Management Services has a royalty and fee income model. Further, the cash and investment asset base provides capital to support expansion on a selective basis.

© 2018 Canjex Publishing Ltd. All rights reserved.

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