Nevada Copper Corp NEVDQ

Excerpt from recent Press Release **Important**

[BlakeRyan1978]

Ok I better understand what I think is happening now and here is my interpretation:

The Company has been in discussions with a third-party regarding a proposal for additional financing and a potential change of control transaction. While the exclusivity period relating thereto has lapsed, discussions are continuing.

Nevada Copper has been in discussion with a third-party (NCU was talking to an interested third party and it stopped)...and now they have resumed discussing with the original third party without the exclusive agreement...

The Company is also in discussions with its key stakeholders to obtain funding and is seeking to enter into discussions with other parties in order to obtain funding and/or enter into a change of control transaction.

Now Nevada Copper is entertaining other possible bids from other companies for C.O.C and or further funding.

Looks like original owners couldn't come to an agreement with the original third party investor but have resumed talks while opening up the door to other better offers? This might put some pressure on the original third party to accept the deal... In the meantime, Nevada Copper is getting some short term funding to keep the lights on until an offer is agreed upon.

[Arminius]

This is a money pit. Who wants it?

[cnynman]

I'd interpret this as-- Now Nevada Copper is (entertaining) SOLICITING other possible bids from other companies for C.O.C and or further funding.

[BlakeRyan1978]

Thanks Cnynman, that could be very true as well. The only part that I'm trying to wrap my head around is why have an exclusive agreement signed to deal with one party... That's where I was coming from with "entertaining" bids since having an exclusive agreement was to prevent Pala from seeking potential bids during negotiations.   Suspenseful   In case Oldslew

[topadviser1]

 Elijah