Nevada Copper Announces Director Resignation
Nevada Copper Corp. announces the resignation of Ricardo De Armas as a director, effective March 2, 2021, to focus on other professional commitments.
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Rhea-AI Summary
Nevada Copper Corp. announces the resignation of Ricardo De Armas as a director, effective March 2, 2021, to focus on other professional commitments. The board expresses gratitude for his contributions and wishes him success. Nevada Copper, operating in Nevada, is a copper producer with significant reserves in the Pumpkin Hollow project. The company has two fully permitted projects: a high-grade underground mine currently in production and a large-scale open pit project moving toward feasibility status.
Positive
- Leadership transition may bring fresh perspectives to the board.
- The company has substantial reserves and resources, including copper, gold, and silver.
Negative
- The resignation may raise concerns about continuity and leadership stability.
Details
News Market Reaction – NEVDF
The recorded move for NEVDF in the trading session of this news was -13.33%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
YERINGTON, Nev., March 03, 2021 (GLOBE NEWSWIRE) -- Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (“Nevada Copper” or the “Company”) announces that Ricardo De Armas has resigned as a director of the Company, effective March 2, 2021, in order to devote his attention to other professional commitments. The board of directors of the Company would like to thank Mr. De Armas for his contributions and they wish him success in his future endeavours.
About Nevada Copper
Nevada Copper (TSX: NCU) is a copper producer and owner of the Pumpkin Hollow copper project. Located in Nevada, USA, Pumpkin Hollow has substantial reserves and resources including copper, gold and silver. Its two fully permitted projects include the high-grade underground mine and processing facility, which is now in the production stage, and a large-scale open pit project, which is advancing towards feasibility status.
NEVADA COPPER CORP.
www.nevadacopper.com
Mike Ciricillo, President and CEO
For further information contact:
Rich Matthews, Investor Relations
Integrous Communications
rmatthews@integcom.us
+1 604 757 7179
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