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Nevada Copper Corp T.NCU

Alternate Symbol(s):  T.NCU.WT.C | 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 7:02pm
134 Views
Post# 36093126

Nevada Copper Corp for sale during restructuring

Nevada Copper Corp for sale during restructuringThe managing director over at the TSX listing department was contacted for this information regarding shares being potentially delisted.

If a buyout ensues after shares are delisted, and depending on the transaction / consideration, the funds owed to the current holders for your shares will be directly deposited into their cash account. If the agreement involves new shares from another company or a combination of cash and new shares, then that could be an option as well. Looking at the fact that Moelis is assisting in the sale transaction according to recent press release from June 17, 2024, it suggests that this is a sizable transaction.

Lawyer assisting in sale transaction
https://www.moelis.com/transactions/

Delisting profile
https://www.tsx.com/news/reviews-and-suspensions?id=729

All the best,
Rick
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