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 > Objection to Stalking Horse Bid

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Post by rickwayne1982on Aug 25, 2024 3:57pm

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Post# 36195338

Objection to Stalking Horse Bid

Please help me understand what this means from docket 577 (end of page 5 beginning of page 6).

My understanding is that although the SHB is approved, it's already being contested by a Canadian government entity. The sale hearing on Sept. 25 already has an objection ready if the SHB is the final offer.

For the avoidance of doubt, the form of the Sale Order and Canadian Recognition Sale Order (each as defined in the Stalking Horse Agreement) are not being approved under this Order; such orders shall be subject to the applicable objection deadlines in their respective proceedings, including, particularly with respect to the Sale Order, the Sale Objection Deadline.

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