Faraday Copper Expands Financing to C$45 Million

Vancouver-based Faraday Copper Corp. has announced an increase in its financing initiative to C$45,023,000 due to strong institutional investor demand. The company has partnered with Ventum Financial Corp. as the lead underwriter. Initially set at C$30,000,080, the financing round now consists of brokered and non-brokered private placements.

The brokered private placement involves 22,730,000 common shares at C$1.10 each, totaling C$25,003,000. Additionally, a non-brokered private placement aims to raise up to C$20,020,000 with an offering of 18,200,000 shares at the same price.

The financing is not registered under U.S. securities laws, thus not available for U.S. investors. This adjustment reflects growing investor confidence in Faraday's Copper Creek Project in Arizona, signaling robust exploration potential.