Castlelake is the reason for the volume lately . https://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00013198&issuerType=03&projectNo=03278112&docId=5042607
Funds Managed by Castlelake File an Updated Early Warning Report MINNEAPOLIS – September 10, 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 37,000,000 NCU Shares (Transactions), Castlelake funds’ holdings of NCU Shares decreased by 2.0% on a nondiluted basis and 1.9% on a partially diluted basis. Prior to the completion of the Transactions, Castlelake funds held (a) 251,692,165 NCU Shares (representing approximately 13.6% of the then 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 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) 214,692,165 NCU Shares (representing approximately 11.6% of the current issued and outstanding NCU Shares on a nondiluted basis); and (b) 74,951,426 Warrants (representing, together with the 214,692,165 NCU Shares, approximately 15.0% 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))