Nevada Copper (TSE:NCU) has released an update.
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Nevada Copper Corp. is actively seeking additional financing to support the commissioning and operations of its Pumpkin Hollow Underground Mine, with ongoing discussions for potential funding and change-of-control transactions. The company’s largest shareholder and other stakeholders have provided interim funding, but without near-term additional funding, Nevada Copper may face the need for creditor protection. The company specializes in copper with projects that include a recently restarted underground mine and a large-scale open pit in Nevada.
For further insights into TSE:NCU stock, check out TipRanks’ Stock Analysis page.
