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Bullboard - Stock Discussion Forum 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... see more

TSX:NCU - Post Discussion

Nevada Copper Corp > Nevada Copper Corp for sale during restructuring
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Post by rickwayne1982 on Jun 17, 2024 7:02pm

Nevada Copper Corp for sale during restructuring

The 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
Comment by mckayk3 on Jun 17, 2024 7:34pm
nothing new here. why the throw away account?
Comment by rickwayne1982 on Jun 17, 2024 8:05pm
I forgot my username and password... My IQ dropped quite a bit from reading some of the posts on this board from the last few weeks.
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