Nevada Copper Provides Update on the Proposed Restart Financing Package and Successful Completion of Second Dike Crossing

YERINGTON, Nev., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Nevada Copper (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) refers to its news releases dated August 25, 2022 and September 26, 2022 with respect to the proposed financing package expected to provide up to $93 million of liquidity to the Company in order to support the restart and ramp-up of its Pumpkin Hollow underground copper mine (the “Underground Mine”) (the “Restart Financing Package”). As announced in the Company’s news release dated September 26, 2022, the closing of the Restart Financing Package was expected to occur on or about October 5, 2022.

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