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

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Post by italianoMumBOon Oct 18, 2024 2:07pm

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Post# 36272099

60 million USD Sale

Is the approximate amount left over from the "transaction" when we deduct DIP loan+interest+KEIP Fees and Moelis's commission. Buyer assumes "certain" liabilities, contracts and payments to creditors. What's the difference between a liability and creditor? Is someone smoking weed at the firm making these Press Releases? I need some of that weed...

Anywho, that "sale" transaction is less than the May 2023 offering/ophering...and less than the 64 million USD debt that Pala converted to equity back in July 2023 with the "exorcism" of 354 million warrants.

Bankruptcy Fraud (Hiding true value of an asset from courts and creditors) is a serious crime...Not sure how many lawyers involved here are foolish enough to implicate themselves into such a crime. check out out and also go check out "strategic bankruptcy".