Nevada Copper Corp T.NCU.WT.C

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

Metals & Mining Copper

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

Nevada Copper Corp > Change of Control to a Sale

<< Previous

Bullboard Posts

Next >>

Comment by rickwayne1982on Jun 18, 2024 8:53am

89 Views

Post# 36093618

RE:RE:RE:Change of Control to a Sale

Perhaps in a Chapter 7 we would likely see your estimated amount of 150-175 million USD for shareholders. The Chapter 11 was to buy time to negotiate a sale and restructure management / directors. Again, the first half of 2024 appeared to be negotiations for a COC (change of control) and that didn't work out. Now a sale is imminent. The firm facilitating the sale (Moelis) and Elliott Management that provided the DIP loan, suggest that this is a multi billion USD transaction in the works.

<< Previous

Bullboard Posts

Next >>

Bombardier settles New York lawsuit with bond investors