Nevada Copper Corp NEVDQ

Nevada Copper Corp for sale during restructuring

[rickwayne1982]

The managing director over at the TSX listing department was contacted for this information regarding shares being potentially delisted.

If a buyout ensues after shares are delisted, and depending on the transaction / consideration, the funds owed to the current holders for your shares will be directly deposited into their cash account. If the agreement involves new shares from another company or a combination of cash and new shares, then that could be an option as well. Looking at the fact that Moelis is assisting in the sale transaction according to recent press release from June 17, 2024, it suggests that this is a sizable transaction.

Lawyer assisting in sale transaction
https://www.moelis.com/transactions/

Delisting profile
https://www.tsx.com/news/reviews-and-suspensions?id=729

All the best,
Rick