TORONTO, Sept. 06, 2018 (GLOBE NEWSWIRE) -- BELGRAVIA CAPITAL INTERNATIONAL INC. (CSE:BLGV) (OTCQB:BLGVF) (“Belgravia”) a 7.6% stakeholder of Tartisan Nickel Corp. (CSE:TN) (“Tartisan”), today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has come out in support of Belgravia’s call for change at Tartisan.

ISS Supports Concerned Shareholders of Tartisan Nickel Corp. and Recommends Change is Warranted to Incumbent Board

ISS is recognized as a leading independent proxy and corporate governance advisory firm whose recommendations are relied upon by many major institutional investment firms, mutual and pension funds and other institutional shareholders throughout North America.

Mr. Mehdi Azodi, President and CEO of Belgravia said, “Corporate governance, integrity and responsibility to all shareholders is the cornerstone of the capital markets and a vital part of success for microcap companies. The vote of confidence from ISS is an important step in turning around Tartisan and creating value for all shareholders.”

In supporting Belgravia’s call for change, ISS commented as follows:

• The dissident has made a compelling case for change in order to tackle operating, strategic and corporate governance issues faced by the business. Moreover, such dissident majority representation is expected to provide a better governance over Tartisan’s CEO.
• Overall, due to significant concerns regarding the existing board’s decisions and oversight, which have resulted in poor governance, underperforming share price, increased expense level and questionable strategy, a majority dissident representation on the board seems an appropriate measure at this time.

Vote for the Belgravia nominees - Harvey McKenzie, Norman Brewster, Sidney Himmel and Grant Sawiak on your GREEN proxy or GREEN VIF.

Shareholders are also encouraged to visit www.aNewTartisan.ca to learn more about how the right people with the right plan can work with management to create long term value for all Tartisan shareholders. A copy of Belgravia’s information circular is also available on Tartisan’s SEDAR profile at www.sedar.com.

Vote your GREEN form of proxy today or no later than 5:00 p.m. (Toronto time) on Wednesday September 12, 2018 FOR the Belgravia nominees.  Even if you have voted the WHITE proxy, it is not too late.  A later dated GREEN proxy submission will replace any previously voted WHITE proxy.

Shareholders with questions about voting their shares or for other questions or assistance, please contact Belgravia’s strategic shareholder advisor and proxy solicitor D. F. King at 1-800-926-4985 toll free in Canada, or 1-212-771-1133 outside of North America (collect calls accepted) or by email at [email protected].

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.

For more information, please visit www.belgraviacapital.ca

Additional Information:

Belgravia is relying on the exemption under section 9.2(4) of National Instrument 51-102 – Continuous Disclosure Obligations ("NI 51-102") to make this public broadcast solicitation. The following information is provided in accordance with corporate and securities laws applicable to public broadcast solicitations.

This solicitation is being made by Belgravia, and not by or on behalf of the management of Tartisan. Tartisan’s head office address is Suite 1060, 44 Victoria Street, Toronto, Ontario, Canada M5C 1Y2.  Tartisan has announced that it has called an annual general and special meeting of shareholders to be held on September 17, 2018 (the "Meeting"). Belgravia intends to file a dissident information circular (the "Dissident Circular") in connection with the Meeting, or any adjournment or postponement thereof, in due course in compliance with applicable securities and corporate laws.

This press release and any solicitation made by Belgravia in advance of the Meeting is, or will be, as applicable, made by Belgravia and not by or on behalf of the management of Tartisan. All costs incurred for any solicitation will be borne by Belgravia, provided that, subject to applicable law, Belgravia may seek reimbursement from Tartisan for Belgravia’s out-of-pocket expenses, including proxy solicitation expenses and legal fees, incurred in connection with a successful reconstitution of Tartisan's board of directors. Any proxies solicited by Belgravia may be solicited by way of public broadcast, including through press releases, speeches or publications and by any other manner permitted under applicable laws, including pursuant to a Dissident Circular sent to shareholders of Tartisan. Solicitations may be made by or on behalf of Belgravia, by mail, telephone, fax, email or other electronic means, and in person by directors, officers and employees of Belgravia or by the proposed nominees. Belgravia has engaged the service of D. F. King and may engage D. F. King as soliciting agent to assist with solicitation on behalf of Belgravia.

It is expected that any proxies solicited by Belgravia in connection with the Meeting may be revoked by instrument in writing by the shareholder giving the proxy or by its duly authorized officer or attorney, or in any other manner permitted by law. Belgravia has filed this press release, which contains the information required by section 9.2(4)(c) of NI 51-102 and Form 51-102F5 Information Circular in respect of the Proposed Nominees under Tartisan's company profile on SEDAR at http://www.sedar.com.

For further information contact:  Mehdi Azodi 416-779-3268 OR  [email protected] or  D. F. King at 1-800-926-4985.