An anonymous representative of Pala reports
PALA INVESTS IN NEVADA COPPER CORP.
Pala Investments Holdings Ltd. (PIHL) has acquired 5,399,050 commonshares of Nevada Copper Corp. (NCU), representing approximately 10.17per cent of the 53,106,000 issued and outstanding common shares of NCU,as known by PIHL. The common shares were acquired through the facilitiesof the Toronto Stock Exchange over the period from March 29, 2010, toAug. 24, 2010, and via a private placement by NCU on April 27, 2010.
After giving effect to the acquisitions referred to above, PIHL owns andcontrols, directly and indirectly, a total of 5,399,050 common sharesrepresenting approximately 10.17 per cent of the issued and outstandingshares of NCU, as known by PIHL.
The average consideration for each common share of NCU acquired was$2.78 per common share. PIHL has acquired the common shares forinvestment purposes and may increase or decrease the investment in thecommon shares depending upon future market conditions.
PIHL's address is 12 Castle St., St. Helier, Jersey, JE2 3RT. Forfurther information please refer to the early warning report posted onSEDAR or contact Colin Murray at 011-41-41-560-9070.
About Pala
Pala Investments Holdings Ltd. is a $1.0-billion (U.S.) multistrategyinvestment company focused on mining and natural resource companies inboth developed and emerging markets. Pala Investments' exclusiveinvestment adviser, Pala Investments AG, has extensive experience withinthe mining and natural resource sectors. Pala Investments seeks toassist companies in which it has long-term shareholdings by providingstrategic advice and innovative financing solutions. For moreinformation, visit the company's website.
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