British Columbia, Jan. 19, 2018 -- Nevada Copper Corp. is pleased to announce that further to its press releases dated December 22, 2017 and January 12, 2018 in respect of the construction financing and recapitalization transactions announced therein, the Company has completed the private placement of 256,410,256 special warrants of the Company at a price of C$0.50 for aggregate gross proceeds of C$128,205,128. Nevada Copper is now poised to transition to producer status at its Pumpkin Hollow project which is the only fully-permitted copper project of scale in the United States, comprising of two copper mines: A high-grade underground mine with an existing production-size shaft and infrastructure with production targeted for 2019; and A large-scale open pit project with resource up...
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