RE:RE:RE:RE:RE:NCU at >>> $4.75 copper >>> end of 2021 >>>real simple ! C rok has lost more than 4%.. in real money thats 8% w a recapture..
this is when proxies move in to replace boards or simply sell the company...
I know U ignore the tea leaves..
but tis is close... an adverse reuling on F41 and there will B no distrik... it will simply B every mine for themselves...
NCI is a huge whale and anybody/thing can move Vlad out the door w a hostile... the bidders will simply want the mine w a Quabosh !
a buk 46 is mush-mish- and gibberish - more like 26 cents + 20 if castle rok moves to replace the directors.. and thats what happens when these companies loose money for primary share holders...
U R betting on a cure for Noah's ark.... then a miracle to move 10 monts of ore up to the top until it reaches 5000 tps -4- a fast 75...
if there are so much as a loose tonenail in that earnings report less than 3000 - there will B blood..
as 2 CR the may B thinking to snatch - let alone come up w 1.46... unless U have a suitor in mind - put a cork in Ur millions..
Funds Managed by Castlelake File an Updated Early Warning Report
MINNEAPOLIS – July 28, 2021 – Global alternative investment firm Castlelake, L.P. (“Castlelake”), today
announced that it has filed an updated Early Warning Report in respect of Nevada Copper Corp. (“NCU”). As a
result of the completion in January 2021 of NCU’s public offering and private placement of units (each unit
consisting of one common share (a “NCU Share”) and onehalf of one NCU Share purchase warrant (a full warrant,
a “Warrant”)) (the “Transactions”), the issuances over the past few months of NCU Shares to various parties in
connection with the satisfaction of certain fees payable by NCU and the settlement of a litigation, and the issuances
of NCU Shares to various parties in connection with the exercise of deferred share units and Warrants, the
Castlelake funds’ holdings of NCU Shares decreased by 4.0% on a nondiluted basis and 4.6% on a partially diluted
basis. Castlelake did not participate in the Transactions.
Prior to the completion of the Transactions and the said issuances of NCU Shares, Castlelake funds held (a)
286,535,165 NCU Shares (representing approximately 19.6% of the then issued and outstanding NCU Shares on a
nondiluted basis); and (b) 74,951,426 Warrants (representing, together with the 286,535,165 NCU Shares,
approximately 23.5% of the then issued and outstanding NCU Shares on a partially diluted basis (assuming only
the exercise of the Warrants held by the Castlelake funds)).
Upon completion of the Transactions and the said issuances of NCU Shares, Castlelake funds hold (a) 286,535,165
NCU Shares (representing approximately 15.6% of the current issued and outstanding NCU Shares on a nondiluted
basis); and (b) 74,951,426 Warrants (representing, together with the 286,535,165 NCU Shares, approximately
18.9% of the current issued and outstanding NCU Shares on a partially diluted basis (assuming only the exercise of
the Warrants held by the Castlelake funds)).
For further information, please refer to the Early Warning Report filed on SEDAR under the company’s profile or
please contact Molly Blemker at (+1 612 851 3083). NCU is a corporation organized under the laws of British
Columbia with its head office at Suite 598 999 Canada Place Vancouver, BC, V6C 3E1.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES
About Castlelake
Castlelake, L.P. is a global alternative investment manager focused on opportunistic investments in real assets,
specialty finance and aviation. Founded in 2005, Castlelake manages approximately $20 billion of assets on behalf
of its investors. The Castlelake team comprises more than 200 experienced professionals, including 89 investment
professionals, across six offices in North America, Europe and Asia. For more information, please visit
https://www.castlelake.com/.
Media Contact
Molly Blemker