Faraday Copper Corp. announced a non-brokered private placement of up to 23.81 million common shares priced at C$4.20 each for gross proceeds of up to about C$100 million, with participation expected from the Lundin Family Trusts and a BHP Group subsidiary. The financing, expected to close around March 11, 2026 subject to TSX and other approvals, is intended to fund advancement of its Arizona copper projects and costs tied to the planned acquisition and integration of the San Manuel property from BHP. The shares will be issued under prospectus exemptions, include a four-month-and-one-day hold period, and will not be registered for sale in the United States.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Faraday Copper Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202602230705ACCESSWRNAPR_____1139790) on February 23, 2026, and is solely responsible for the information contained therein.