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Last C$0.68 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 3:59 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

novacopper inc (NCQ) Snapshot

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52 Week High
09/2/14 - C$1.34
52 Week Low
08/5/15 - C$0.45
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novacopper inc (NCQ) Details

NovaCopper Inc., a base metals exploration company, explores for and develops mineral properties in the United States. It principally holds interests in the Upper Kobuk mineral projects, which include the Arctic project, a copper-zinc-lead-gold-silver project; and the Bornite Project that contains a carbonate-hosted copper deposit covering an area of approximately 142,831 hectares, located in the Ambler mining district in Northwest Alaska. The company was founded in 2004 and is headquartered in Vancouver, Canada.

9 Employees
Last Reported Date: 02/6/15
Founded in 2004

novacopper inc (NCQ) Top Compensated Officers

Chief Executive Officer, President, Non-Indep...
Total Annual Compensation: $364.5K
Chief Financial Officer, Vice President and C...
Total Annual Compensation: $273.0K
Compensation as of Fiscal Year 2014.

novacopper inc (NCQ) Key Developments

NovaCopper Inc. Announces Board Changes

Concurrent with closing of the acquisition of Sunward, Mr. Philip O'Neill and Mr. William Hayden joined NovaCopper's Board of Directors. To accommodate the addition of the new directors from the Sunward Arrangement, Dr. Thomas Kaplan and Mr. Clynton Nauman have stepped down as members of the Board of Directors. Mr. McConnell replaces Dr. Kaplan as Chairman of the Board.

NovaCopper Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended May 31, 2015

NovaCopper Inc. announced unaudited consolidated financial results for the second quarter and six months ended May 31, 2015. For the quarter, the company reported revenue of loss and comprehensive loss for the period of $1,750,000 against $2,093,000 a year ago. Basic and diluted loss per common share was $0.03 against $0.04 a year ago. For the six months, the company reported loss and comprehensive loss for the period of $3,280,000 against $4,707,000 a year ago. Basic and diluted loss per common share was $0.05 against $0.09 a year ago. The company expended $1.3 million on operating activities during the six month period ended May 31, 2015, compared with expenditures of $2.3 million for operating activities for the same period in 2014. The majority of cash spent on operating activities during both periods was expended on professional fees, mineral property expenses, general and administrative, and salaries.

NovaCopper Inc. Announces Board Changes

NovaCopper Inc. announce the completion of the previously announced plan of arrangement pursuant to which NovaCopper has acquired ownership of all of the issued and outstanding common shares of Sunward resulting in Sunward being a wholly-owned subsidiary of NovaCopper. In connection with the closing of the Arrangement, NovaCopper appointed Philip O'Neill, a former director and former CEO of Sunward, and William Hayden, a former director of Sunward, to the NovaCopper board of directors. To accommodate the addition of the new directors from Sunward, Clynton Nauman and Thomas Kaplan are stepping down as directors, and Gerry McConnell will be replacing Dr. Kaplan as Chairman of the Board.


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