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Tuesday, August 07, 2018 12:37:00 PM
https://globenewswire.com/news-release/2018/08/07/1547927/0/en/BELGRAVIA-Intends-to-Replace-the-Board-of-Tartisan-Nickel-for-Failure-to-Perform.html
TORONTO, Aug. 07, 2018 (GLOBE NEWSWIRE) -- BELGRAVIA CAPITAL INTERNATIONAL INC. (CSE: BLGV) (OTCQB: BLGVF) (“Belgravia”) today issued an open letter to the shareholders of Tartisan Nickel Corporation (“Tartisan” or the “Company”) (CSE: TN) notifying them that Belgravia will be attempting to replace the entire board of directors (the “Board”) at the annual general and special meeting of shareholders scheduled for September 17, 2018 for the Board’s abject failure to create shareholder value. The text of Belgravia’s open letter is below:
Dear Fellow Shareholders,
Belgravia first invested in Tartisan in March 2018 and to date has invested over $800,000. The return that the Tartisan Board gave us on our investment has wiped out approximately half our initial share value. We know that other shareholders have suffered far worse losses as a result of the current Board’s incompetence.
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