Faraday Copper Corp. completed its previously announced C$49M financing

On July 29, 2025, Faraday Copper Corp. ("Faraday Copper") completed a concurrent brokered and non-brokered offering of common shares for total gross proceeds of approximately C$49 million. The brokered offering was carried out on a bought deal basis pursuant to the LIFE exemption for gross proceeds of approximately C$29 million, and included the exercise of the underwriters’ over-allotment option in full. An additional C$20 million was raised pursuant to the concurrent non-brokered private placement offering. Faraday Copper intends to use the net proceeds of the offering to advance its Copper Creek project in Arizona and for working capital and general corporate purposes. 

Faraday Copper 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 Claire Lehan that included Nancy Choi and Jordan Chu (Business).