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Nevada Copper Announces Upsize to Its Previously Announced Bought Deal Offering to $33 Million


OR FOR DISSEMINATION IN THE UNITED STATES
All amounts herein are in Canadian Dollars unless otherwise indicated.
YERINGTON, Nev., Jan. 12, 2021 (GLOBE NEWSWIRE)
Nevada Copper Corp. (TSX: NCU) (“
Nevada Copper” or the “
Company”) is pleased to announce that due to strong investor demand it has amended the terms of its previously announced “bought deal” public offering of units of the Company (the “
Units”) to increase the size of the offering. In connection with the upsizing of the offering, the Company has entered into an amending agreement with Scotiabank on behalf of a syndicate of underwriters (collectively, the “
Underwriters”). Pursuant to the revised terms of the offering, the Underwriters have agreed to purchase, on a bought deal basis, 200,000,000 Units of the Company at a price of $0.165 per Unit (the “ ....

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