RE:news in sedar as of 26th augustdosco wrote: one insider reduced the position... but still main kept ...
Funds Managed by Castlelake File an Updated Early Warning Report MINNEAPOLIS – August 26, 2021 – Global alternative investment firm Castlelake, L.P. (“Castlelake”), today announced that it hasfiled an updated Early Warning Report in respect of Nevada Copper Corp. (“NCU”). Following a series of sales by Castlelake of an aggregate of 34,843,000 NCU Shares (Transactions), Castlelake funds’ holdings of NCU Shares decreased by 2.0% on a nondiluted basis and 2.0% on a partially diluted basis. Prior to the completion of the Transactions, Castlelake funds held (a) 286,535,165 NCU Shares (representing approximately 15.6% of the then 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 then current 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, Castlelake funds hold (a) 251,692,165 NCU Shares (representing approximately 13.6% of the current issued and outstanding NCU Shares on a nondiluted basis); and (b) 74,951,426 Warrants (representing, together with the 251,692,165 NCU Shares, approximately 16.9% 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. 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/