Faraday Copper Upsizes Financing to C$45 Million
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NEWS RELEASE July 15, 2025
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES
Faraday Copper Upsizes Financing to C$45 Million
July 15, 2025 – Vancouver, British Columbia – Faraday Copper Corp. (“ Faraday” or the “ Company”)
(TSX:FDY) (OTCQX:CPPKF) is pleased to announce that due to strong institutional investor demand, it has
entered into an agreement with Ventum Financial Corp. as lead underwriter and sole bookrunner, on its own
behalf and on behalf of a syndicate of underwriters (collectively, the “ Underwriters”), to increase the
Company’s previously announced brokered and non -brokered financing of common shares of the Company
(the “ Common Shares ”) from C$30,000,080 to up to C$45,023,000. For further details refer to the
Company’s news release dated July 14, 2025.
Brokered Private Placement
Pursuant to the amended terms of the financing, the brokered private placement will consist of an aggregate
of 22,730,000 Common Shares on a “bought deal” private placement basis , at a price of C$1.10 per Common
Share (the “ Offering Price ”) for aggregate gross proceeds of C$25,003,000 (the “ Brokered Offering ”),
excluding additional proceeds raised from the exercise of the Underwriters’ Option (defined in the Company’s
news release dated July 14, 2025).
Non-Brokered Private Placement
The Company will increase the size of the non -brokered private placement , which will consist of up to
18,200,000 additional Common Shares at the Offering Price to raise up to C$20,020,000 (the “ Non-Brokered
Offering”).
In all other respects, the terms of the Brokered Offering and Non -Brokered Offering remain as previously
disclosed in the Company’s news release dated July 14, 2025 related to th is financing, a copy of which is
available on the Company’s website at www.faradaycopper.com and www.sedarplus.ca.
The securities offered in the Brokered Offering and Non -Brokered Offering have not been, and will not be,
registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in
the United States or to, or for the account or benefit of, United States persons absent registration or any
applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state
securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy
securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such
offer, solicitation or sale would be unlawful.
About Faraday Copper
Faraday Copper is an exploration company focused on advancing its flagship copper project in Arizona, U.S.
The Copper Creek Project is one of the largest undeveloped copper projects in North America with significant
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district scale exploration potential. The Company is well-funded to deliver on its key milestones and benefits
from a management team and board of directors with senior mining company experience and expertise.
Faraday trades on the TSX under the symbol “FDY”.
For additional information please contact:
Stacey Pavlova, CFA
Vice President, Investor Relations & Communications
Faraday Copper Corp.
E-mail: [email protected]
Website: www.faradaycopper.com
To receive news releases by e-mail, please register using the Faraday website at www.faradaycopper.com.
Cautionary Note on Forward Looking Statements
Some of the statements in this news release, other than statements of historical fact, are “forward-looking statements” and are based on
the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and
assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual res ults, level
of activity, performance or achievements of Faraday to be materially different from those expressed or implied by such forward- looking
statements. Such forward -looking statements and forward -looking information specifically include, but are not limited to, statements
concerning the exploration potential of the Copper Creek property ; completion of the Brokered and Non -Brokered Financings, and the
timing thereof; the anticipated use of net proceeds of the Brokered and Non-Brokered Financings; the receipt of TSX and other regulatory
approvals.
Although Faraday believes the expectations expressed in such forward -looking statements are based on reasonable assumptions, such
statements should not be in any way construed as guarantees of future performance and actual results or developments may diff er
materially. Accordingly, readers should not place undue reliance on forward-looking statements or information.
Factors that could cause actual results to differ materially from those in forward-looking statements include without limitation: market
prices for metals; the conclusions of detailed feasibility and technical analyses; lower than expected grades and quantities of mineral
resources; receipt of regulatory approval; receipt of shareholder approval; mining rates and recovery rates; significant capi tal
requirements; price volatility in the spot and forward markets for commodities; fluctuations in rates of exchange; taxation; controls,
regulations and political or economic developments in the countries in which Faraday does or may carry on business; the speculative
nature of mineral exploration and development, competition; loss of key employees; rising costs of labour, supplies, fuel and equipment;
actual results of current exploration or reclamation activities; accidents; labour disputes; defective title to mineral claim s or property or
contests over claims to mineral properties; unexpected delays and costs inherent to consulting and accommodating rights of Indigenous
peoples and other groups; risks, uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses,
permits and authorizations and complying with permitting requirements, including those associated with the Copper Creek property; and
uncertainties with respect to any future acquisitions by Faraday. In addition, there are risks and hazards associated with the business of
mineral exploration, development and mining, including environmental events and hazards, industrial accidents, unusual or unexpected
formations, pressures, cave-ins, flooding and the risk of inadequate insurance or inability to obtain insurance to cover these risks as well
as “Risk Factors” included in Faraday’s disclosure documents filed on and available at www.sedarplus.ca.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to
whom it is unlawful to make such an offer or solicitation in such jurisdiction. This press release is not, and under no circumstances is to be
construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities in Faraday in Canada, the United
States or any other jurisdiction. No securities commission or similar authority in Canada or in the United States has reviewed or in any way
passed upon this press release, and any representation to the contrary is an offence.