Nov 3 (Reuters) - Nevada Copper Corp NCU.TO :
* NEVADA COPPER - RECEIVED TERM SHEET FROM A THIRD PARTY FOR ADDITIONAL CREDIT LINE OF US$20 TO US$30 MILLION TO FUND INCREASED CASH REQUIREMENTS
* NEVADA COPPER CORP - DISCUSSIONS ARE ALSO ONGOING WITH OTHER POTENTIAL FUNDING SOURCES
* NEVADA COPPER - IS IN DISCUSSIONS WITH KFW-IPEX BANK, ITS SENIOR LENDER
* NEVADA COPPER CORP - IN ABSENCE OF SUFFICIENT FINANCING, COMPANY MAY NOT BE ABLE TO CONTINUE OPERATIONS
* NEVADA COPPER -CO'S SHAREHOLDER, PALA INVESTMENTS LIMITED, HAS CONFIRMED IT WILL CONTINUE TO PROVIDE FINANCIAL SUPPORT TO COMPANY UNTIL END OF YEAR