Mr. Matthew Gili reports
NEVADA COPPER EXECUTES PREVIOUSLY ANNOUNCED CREDIT FACILITY
Nevada Copper Corp. has executed a credit agreement with Pala Investments Ltd. for up to $30-million (U.S.) in connection with the previously announced binding term sheet.
Further details of the credit facility are set out in the company's news release of Nov. 15, 2019. An amount of $15-million (U.S.) is available immediately at the company's election with additional draws as may be required, subject to certain conditions, including syndication.
About Nevada Copper
Corp.
Nevada Copper's underground project is in construction with a view to commencement of copper production in fourth quarter 2019. Located in Nevada, United States, Pumpkin Hollow has substantial reserves and resources, including copper, gold and silver.
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