Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU

Alternate Symbol(s): T.NCU.WT.C | 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... see more

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TSX:NCU - Post Discussion

Nevada Copper Corp > may 2023 offering

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Post by Iceberg101 on Jun 17, 2024 10:34pm

may 2023 offering

Raised $34m US. Meanwhile Pala converted $57m US to equity. Or $90m total, or around 6.5 cents a share assuming 1.4b shares. So imagine Pala would figure they get at least that much back. Also Tom Albanese, Rio Tinto, Triple Flag all sound pretty tight with Pala. So hoping for friendly sale.

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Comment by rickwayne1982 on Jun 18, 2024 9:55am

352,723,212 warrants at a strike price of 25 cents CAD each to forgive about 67,000,000 USD debt that Nevada Copper Corp had with them. [url=https:// https://www.newswire.ca/news-releases/pala-investments-exercises-warrants-of-nevada-copper-corp--807940888.html]Link to News Release about this warrant transaction[/url] "So imagine Pala would figure they get at least that much back." ...more

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