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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.


GREY:NEVDQ - Post by User

Nevada Copper Corp > Disbursement of 62 million USD
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Post by italianoMumBOon Oct 19, 2024 8:48am
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Post# 36272900

Disbursement of 62 million USD

Disbursement of 62 million USDThe UG represents such an insignificant portion of the PH land package. Makes perfect sense to start with this and use all the "set backs" as a quest for ownership acquisition pennies on the dollar via offerings and exchanging debt for equity... 

So... with about 60-62 million USD left over from the 128 million transaction, any one here understand how this gets disbursed to "creditors" with the massive debt load below?

Unsecured debt: 182 million approx 
Secured debt: 301 million approx

Anyone here also know.why Randy and Nutter had the exact same number of shares purchased in mid 2023, revoked in May 2024? Selling the exact same number of shares bought 1 year prior and not disclosing that via SEDI filings? Check out the link below or tab :)

https://stockhouse.com/companies/ownership?symbol=nevdq

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