Nevada Copper Corp NEVDQ

Vote on 15,000,000 Credit Facility Warrants

[patchh]

1

BE IT RESOLVED as an ordinary resolution that:
1. the 15,000,000 Credit Facility Warrants (as such term is defined in the management information circular of the Corporation dated January 4, 2022) issued to Pala Investments Limited ("Pala") on November 30, 2021 are exercisable in accordance with their terms and the resulting issuance of common shares of the Corporation to Pala pursuant to the terms of the Credit Facility Warrants, is authorized and approved; and
2. any director or officer of the Corporation is hereby authorized and directed, acting for, in the name of and on behalf of the Corporation, to execute or cause to be executed, under the seal of the Corporation or otherwise, and to deliver or cause to be delivered, such other documents and instruments, and to do or cause to be done all such other acts and things, as may in the opinion of such director or officer of the Corporation be necessary or desirable to carry out the intent of the foregoing resolutions.

Vote Recommendation:For

For

Against

 

[bogfit]

Could someone who understands this stuff please explalin the implication of this vote? b.

[bogfit]

Well, the market appears to have spoken, if no one else has anything to say.    Maybe if we ignore it, it will just go away?   Or have your lawyers told you to refrain from comment while they research the law?  Just kidding.   Right?   b.

[bogfit]

For all that I can tell, it shouldn't matter too much to the long-term holder of NCU in light of PH's future valuation.  We know it cost money to build mines, we know that they have to borrow money (that’s what your stock is, dummy) and that's why we consider an ore deposit a liability.  We know bad luck when we see it, commodity bust/Covid etc.  We saw ordinary junior