Nevada Copper Announces Director Resignation

Rhea-AI Summary

Nevada Copper Corp. (TSX: NCU, OTC: NEVDF, FSE: ZYTA) announced the resignation of director Guillaume de Dardel, effective June 6, 2024. De Dardel was a nominee of Mercuria Holdings. Nevada Copper operates the Pumpkin Hollow copper project in Nevada, which includes significant copper, gold, and silver reserves. The project features a high-grade underground mine and a large-scale open pit project in the PFS stage. For more details, visit their website or contact Tracey Thom, VP of IR and Community Relations.

Positive

• Guillaume de Dardel's resignation could lead to new board appointments, potentially bringing fresh perspectives.
• Nevada Copper's Pumpkin Hollow project includes substantial reserves of copper, gold, and silver.
• High-grade underground mine and large-scale open pit project are fully permitted.

Negative

• Resignation of a director, especially one nominated by a significant stakeholder like Mercuria Holdings, may cause concern among investors.
• Potential instability or uncertainty regarding the company's board and strategic direction.

YERINGTON, Nev., June 07, 2024 (GLOBE NEWSWIRE) -- Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) announced today that it has received a notice of resignation, effective June 6, 2024, from director Guillaume de Dardel who was a nominee of Mercuria Holdings (Singapore) Pte. Ltd.

About Nevada Copper
Nevada Copper (TSX: NCU) is the owner of the Pumpkin Hollow copper project located in Nevada, USA with substantial reserves and resources including copper, gold and silver. Its two fully permitted projects include the high-grade Underground Mine and processing facility and a large-scale open pit PFS stage project.

For additional information, please see the Company’s website at www.nevadacopper.com, or contact:

Tracey Thom | Vice President, IR and Community Relations
tthom@nevadacopper.com
+1 775 391 9029

FAQ

What did Nevada Copper announce on June 7, 2024?

Nevada Copper announced the resignation of director Guillaume de Dardel, effective June 6, 2024.

Who resigned from Nevada Copper's board on June 6, 2024?

Director Guillaume de Dardel resigned from Nevada Copper's board on June 6, 2024.

Which company nominated Guillaume de Dardel to Nevada Copper's board?

Guillaume de Dardel was nominated by Mercuria Holdings (Singapore) Pte.

What is Nevada Copper's stock symbol?

Nevada Copper's stock symbols are TSX: NCU, OTC: NEVDF, and FSE: ZYTA.

What projects does Nevada Copper operate?

Nevada Copper operates the Pumpkin Hollow project, which includes a high-grade underground mine and a large-scale open pit project.