Might 'splain why this turd just sits here and ferments while copper is going through the roof too.
MINNEAPOLIS, July 13, 2018 /CNW/ - Global private investment firm Castlelake, L.P. ("Castlelake"), today announced that on July 9, 2018 it acquired 30,500,000 common shares (the "Shares") of Nevada Copper Corp. ("Nevada Copper") on behalf of its investment funds. The Shares were acquired at a price of CDN$0.60 per Share with the aggregate subscription price of CDN$18.3 million pursuant to a prospectus offering by Nevada Copper (the "Offering") in connection with which Nevada Copper issued an aggregate amount of 160,000,000 shares for aggregate gross proceeds of CDN$96 million.
Following the closing of the Offering, Castlelake holds an aggregate of 118,700,000 common shares of Nevada Copper representing approximately 18.6% of the then outstanding common shares of Nevada Copper. Immediately prior to the Offering, Castlelake owned 88,200,000 common shares of Nevada Copper
VISIT the MINING & METALS Board. http://investorshub.advfn.com/~*~Mining-and-Metals-Du-Jour~*~-15977/
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