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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... see more

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Nevada Copper Corp > Pala buys more >>> private transaction >>>

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Post by Notgnu on Jun 04, 2021 11:13am

Pala buys more >>> private transaction >>>

Insiders are still blacked out but this is an exempt transaction

Filed 2021-06-02 15:17 Tx date 2021-06-01	$NCU Nevada Copper Corp.	Iorich, Vladimir 3 - 10% Security Holder of Issuer Holder: Pala Investments Limited (Indirect Ownership)	Common Shares 11 - Acquisition or disposition carried out privately	$1,057,602 +3,866,921 vol $0.2735 each	689,780,654

Cheers,
Notgnu

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Comment by Notgnu on Jun 04, 2021 1:01pm

This Pala buy values the regular warrants at 1 cent time value and the A warrants at about 5 or 6 cents time value... bargoon IMO. N

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Comment by Notgnu on Jun 04, 2021 4:24pm

From the notes in Q1 this is what the February Pala "Insider transaction" was: b) Cementation Claim In February 2021, the Company entered into a settlement agreement with its former contractor, Cementation USA Inc. (“Cementation”), to resolve litigation relating to the mining development contract for the Underground Mine. As part of the settlement, NCI paid Cementation $1,000 upon ...more

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