Nevada Copper (TSE:NCU) has released an update.
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Nevada Copper, amidst financial struggles, is aggressively seeking funding to continue operations and complete the commissioning of its Pumpkin Hollow underground mine. Without securing immediate additional funds, the company faces the risk of having to cease operations and potentially seek creditor protection. This situation follows the recent resignation of two key directors and a period of scaled-down mine operations.
For further insights into TSE:NCU stock, check out TipRanks’ Stock Analysis page.