Nevada Copper (TSE:NCU) has released an update.
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.