Off-market insider buying at Nevada Copper (NCU)

Off-market insider buying at Nevada Copper (T:NCU)

Castlelake, a 10% Holder, acquired 149,902,852 Common Shares on an indirect ownership basis for registered holder CL Ventures Lux S.a.r.l. at a price of $0.150 through a prospectus or prospectus exempt offering on July 28th, 2020. The insider also acquired 74,951,426 Warrants with an exercise price of $0.200 until January 28, 2022. This represents a $22,485,428 investment into the company's shares and an account share holdings change of greater than 100%.

Five other insiders also reported participating in smaller amounts. 

Nevada Copper is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Nevada Copper Corp. is a development-stage mining company. The Company is engaged in the identification, acquisition, exploration and development of copper and other mineral properties located in the United States. The Company is engaged in the exploration and development of the Pumpkin Hollow copper project located in the Walker Lane mineralized belt of western Nevada. Its Pumpkin Hollow is an advanced-stage development copper property with reserves and resources, including copper, gold, silver, as well as an iron magnetite resource. The Pumpkin Hollow project consists of 10,680 acres of private land, located in a former-producing and prolifically-endowed copper district. Pumpkin Hollow is located approximately eight miles southeast of the small town of Yerington, Nevada in Lyon County.