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 > Do the shareholders get a payout?

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Post by Iceberg101on Sep 09, 2024 6:28pm

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Post# 36215627

Do the shareholders get a payout?

$124m on 1400m shares is 8.857 cents per share. Does any of this go to the shareholders? Or do debt holders still need to get satisfied, or other costs get covered? So shareholders get less or nothing?

Likewise, many of the 1400m shares were warrents. So is there a reduced sharecount? Say to 1000m so that $124m works out to 12.4 cents per share?

So are there any good guesses on the cents-per-share payout, if any?

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