-
Posted by
Two Blokes Jul 29 -
Filed in
Stock
-
7 views
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / July 29, 2025 / Faraday Copper Corp. ("Faraday" or the "Company") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce that it has completed its previously announced brokered bought deal financing, including the exercise in full of the Underwriters' (as defined below) over-allotment option, for a total of 26,139,500 common shares ("Common Shares") sold at a price of C$1.10 per Common Share for aggregate gross proceeds to the Company of C$28,753,450 (the "Brokered Offering"), concurrently with a non-brokered private placement of 18,200,000 Common Shares sold at a price of C$1.10 per Common Share for additional gross proceeds to the Company of C$20,020,000 (the "Non-Brokered Offering"). Collectively, 44,339,500 Common Shares were sold at a price of C$1.10 per Common Share for total gross process of $48,773,450 (collectively, the "Offerings").
