09:52 AM EST - Nevada Copper Corp. : announced that it has received its Nevada Air Quality Operating Permit. This is the final permit needed for construction and operation of the Stage 1 underground project. The Pumpkin Hollow underground project is now fully permitted for mine construction and operations. With all permits in hand, Nevada Copper will receive a further $15 million U.S. under the $200 million U.S. RK Mine Finance senior secured loan facility and copper concentrate off-take agreements. A total of $51 million U.S. will be received from this facility with a further $149 million U.S. to be received by Q2-2014 on the completion of certain other project milestones, including completion of the 24-foot diameter, 2,140-foot-deep production sized shaft. Nevada Copper Corp.
shares T.NCU are trading up $0.04 at $2.26.
