Nevada Copper Closes Cdn$4.6 Million Equity Offering

Nevada Copper Corp. (TSX:NCU) announced that it has closed its previously-announced Cdn$4 million equity offering of common shares at Cdn$0.60 per common shares. The Offering, which was qualified by prospectus, was fully subscribed, including the full exercise of the 15% over-allotment option, resulting in total gross proceeds to the Company of Cdn$4.6 million.
The net proceeds from the Offering are expected to be used by the Company at its fully-permitted Pumpkin Hollow project in Nevada for engineering, ongoing property maintenance, and for working capital and general corporate purposes.
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