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Nevada Copper Corp 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.


GREY:NEVDQ - Post by User

Comment by Notgnuon May 19, 2021 8:55pm
104 Views
Post# 33235431

RE:All in stock

RE:All in stockSimple answer is the warrants are basically a call option to buy shares at a lyer date at a prefixed price. They are typically attached at the time of a financing such that those who put capital up in advance get a bit of a "kicker' thus the warrants that are trading are originally own by peeps that got them in one of the (two in this case) finacings.

The A warrants give you an option to buy a share at 22 cents on or before june 2022, and the original series give an option to buy a share at 20 cents up to jan of 2022.

Basic.. but hope that helps
N

aurens wrote: i am all in stock...are the warrants keeping the stock down? Averaging now at .26. Are the warrants a better deal? I find the warrant thing puzzling. Why do they exist?


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