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Nevada Copper Corp T.NCU.WT.C


Primary Symbol: T.NCU Alternate Symbol(s):  NEVDQ

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.


TSX:NCU - Post by User

Post by rickwayne1982on Jun 17, 2024 8:19pm
146 Views
Post# 36093214

Change of Control to a Sale

Change of Control to a SaleIt appears the intention was to initially have a change of control but now this turned into a sale... Where was Moelis (law firm) all these months? After contacting Tracey, she confirmed that no Pala nominee sits at the board (all 3 directors have left, starting with Kate Southwell in early 2023 and now Stephen and Evgenij...) Mercuria (2nd largest investor), their 1 and only nominee has also resigned. However, all independent directors have remained... This is very telling about what's to come folks...

Note that without a CEO, Nevada Copper was in breach of a TSX listing requirement. They have rectified this by appointing an interim CEO.


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