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10% holder buying at Nevada Copper (T:NCU)

Updated Wednesday Nov 02, 2022 01:56 AM EDT

Mercuria Energy Holdings (Singapore) Pte. Ltd., a 10% Holder, acquired 63,588,854 Common Shares at a price of $0.216 and 127,720,000 Warrants exercisable at $0.259 on a direct ownership basis through a private transaction on October 28th, 2022. This represents a $13,735,192 investment into the company's shares and an account share holdings change of greater than 100%.

Nevada Copper is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Nevada Copper Corp. is a mining company that is engaged in the exploration, development and operation of its copper project at its Pumpkin Hollow property in Western Nevada, the United States. The Company is engaged in the exploration and development of the Pumpkin Hollow copper Project located in the Walker Lane mineralized belt of western Nevada. Its Pumpkin Hollow project has reserves and resources, including copper, gold and silver. The Pumpkin Hollow project consists of approximately 10,680 acres of private land, located in a former-producing and prolifically endowed copper district. Pumpkin Hollow project is located approximately eight miles southeast of the small town of Yerington, Nevada in Lyon County. The Pumpkin Hollow project has open pit development is approximately four kilometers west of the underground mine. Nevada Copper Corp. (NCU) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $13,735,192.

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Go to Nevada Copper Corp. (NCU)'s company page

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