Nevada Copper Corp NEVDQ

Metals & Mining Copper

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.

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Nevada Copper Corp > Next NCU news >>> What to expect and watch for >>>

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Comment by Notgnuon Oct 24, 2021 8:55pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:Next NCU news >>> What to expect and watch for >>>

Nooope.

Should the Company complete one or more equity financings in the future, Pala will be entitled to equitize and/or convert up to US$35 million of principal loan amounts outstanding under the Amended Credit Facility into new common shares of the Company on the same terms of any such financing.

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Fishbillion wrote: Snots ... they can exercise... but why?...all thier debt is convertible i believe... also the new 50 mill required will require a pp ect.... so they can fill their shorts for $1.00 or less on the pp.... so why exercise for $2.00?... pala owns the company now ( basically).... a bit of debt conversion and easily 50%.... no real benifit owning more tban 50%.. the first series are worthless....

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