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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Comment by JayGriffon Oct 02, 2023 6:17pm

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Post# 35665885

RE:RE:RE:RE:RE:RE:RE:RE:Purpose

Each warrant that Pala received had a strike price of 0.2592 CAD per share.

352,723,212 warrants were exercised for 1 share each

352,723,212 shares x .2592 CAD

Total of forgiven debt converted into CAD: $91,425,856 about (US$67.4 million (using an exchange rate of C$1.3571 = US$1.00)

The info below from May 9, 2023 Press Release can be confirmed with public relations to determine the discrepency.

Equitization of $82 million of debt: