Castlelake sold 3,700,000 NCU Shares MINNEAPOLIS, Oct. 1, 2021 /CNW/ - Global alternative investment firm Castlelake, L.P. ("Castlelake"), today announced that it has filed an updated Early Warning Report in respect of Nevada Copper Corp. ("NCU"). Following a series of sales by Castlelake of an aggregate of 3,700,000 NCU Shares (Transactions), Castlelake funds' holdings of NCU Shares decreased by 2.0% on a non-diluted basis and 1.9% on a partially diluted basis.
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Upon completion of the Transactions, Castlelake funds hold (a) 14,806,355 NCU Shares (representing approximately 8.0% of the current issued and outstanding NCU Shares on a non-diluted basis).