Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Nevada Copper Corp NEVDQ

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

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > Objection to Stalking Horse Bid
View:
Post by rickwayne1982 on Aug 25, 2024 3:57pm

Objection to Stalking Horse Bid

Please help me understand what this means from docket 577 (end of page 5 beginning of page 6).

My understanding is that although the SHB is approved, it's already being contested by a Canadian government entity. The sale hearing on Sept. 25 already has an objection ready if the SHB is the final offer.

For the  avoidance of doubt, the form of the Sale Order and Canadian Recognition Sale Order (each as defined in the Stalking Horse Agreement) are not being approved under this Order; such orders shall be subject to the applicable objection deadlines in their respective proceedings, including, particularly with respect to the Sale Order, the Sale Objection Deadline.
Comment by patchh on Aug 25, 2024 4:23pm
about the same time the judge deemed the Credit Comish Interm Status and sealed the transcripts.. the final order by the comittie was approval under the stipulated bidding rules laid out in day one... RGGS has filed they/SH are not bondable under A&M Best bond surety which here requires a A+. the bonds are not transferable - the SH filed on day one thie did not need any bonds nor would they ...more  
Comment by KentWilkens on Aug 25, 2024 4:24pm
End of page 5, in full, in context "2. The Debtors are authorized, pursuant to sections 105(a) and 363(b) of the Bankruptcy Code, to enter into and perform under the Stalking Horse Agreement with respect to the Stalking Horse Bid Protections and related termination provisions. The Stalking Horse Agreement shall be binding and enforceable on the Debtors’ estates and the parties thereto in ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities