Brief: Nevada Copper Provides Update On Proposed Restart Financing Package And Successful Completion Of Second Dike Crossing

Nevada Copper

06/10/2022 23:09

Oct 6 (Reuters) - Nevada Copper Corp  NCU.TO :
    * NEVADA COPPER PROVIDES UPDATE ON THE PROPOSED RESTART
FINANCING
PACKAGE AND SUCCESSFUL COMPLETION OF SECOND DIKE CROSSING
    * NEVADA COPPER - PALA INVESTMENTS OFFERED ADDITIONAL
FINANCIAL
SUPPORT IN FORM OF US$25 MILLION BACKSTOP COMMITMENT TO
SUPPLEMENT RESTART FINANCING PACKAGE
    * NEVADA COPPER CORP - HAS BEEN DISCUSSING A NON-BINDING
TERM
SHEET PROPOSAL RECEIVED FROM A THIRD-PARTY STRATEGIC INVESTOR
FOR A SEPARATE INVESTMENT
    * NEVADA COPPER CORP - IN DISCUSSIONS WITH ITS VARIOUS
FINANCING
PARTIES TO COMPLETE RESTART FINANCING PACKAGE AS SOON AS
POSSIBLE

Source text for Eikon:  ID:nGNX7pGKM5 
Further company coverage:  NCU.TO 
 ((Reuters.Briefs@thomsonreuters.com;))