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Bullboard - Stock Discussion Forum Andover Mining Corp. V.AOX

A precious and base metal exploration company

TSXV:AOX - Post Discussion

Andover Mining Corp. > NovaCopper Cancels Previously Announced Financing
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Post by dosco on Mar 12, 2014 5:42am

NovaCopper Cancels Previously Announced Financing

News Releases

  March 07, 2014
NovaCopper Cancels Previously Announced Financing


  March 7, 2014 - Vancouver, British Columbia - NovaCopper Inc. (NYSE-MKT, TSX: NCQ) ("NovaCopper" or the "Company") announced today that the Company has decided not to proceed with the public offering of common shares and concurrent private placement announced on February 19, 2014. The Company is deferring a decision on any financing until after public release of the updated resource estimate for the Bornite project, anticipated later this month. In the interim, the Company is continuing discussions with its principal shareholders and certain other parties, and is considering a number of financing alternatives.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
 
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