Faraday Copper Corp. completes C$20M private placement offering
Date Closed
May 5, 2022
Lead Office
Vancouver
Value
20.00 Million CAD
On May 5, 2022, Faraday Copper Corp. ("Faraday Copper") completed its C$20 million private placement offering. Pursant to the private placement, Faraday Copper issued 25,000,000 common shares at $0.80 per share for proceeds of C$20 million. Faraday Copper intends to use the proceeds to advance its Copper Creek and Contact Copper projects, and for general working capital purposes.
Faraday Copper Corp. is a Canadian exploration and development company focused on advancing two copper projects located in the United States.
McCarthy Tétrault advised Faraday Copper with a team led by Roger Taplin that included Claire Lehan and Jordan Chu (Business).
