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Nevada Copper Corp T.NCU

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

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 JimTorontoon Oct 04, 2021 9:01am
274 Views
Post# 33960037

Castlelake sold 3,700,000 NCU Shares

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.
 
.......
 
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).
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