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Faraday Copper Corp(FDY-T)
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Faraday Copper Announces C$30 Million Bought Deal Financing

Newswire.ca - Thu Feb 2, 2023

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VANCOUVER, BC, Feb. 2, 2023 /CNW/ - Faraday Copper Corp. ("Faraday" or the "Company") (TSX: FDY) (OTCQX: CPPKF) is pleased to announce it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 37,500,000 common shares in the capital of the Company (the "Common Shares") at a price of C$0.80 per Common Share for gross proceeds to the Company of C$30,000,000 (the "Offering"). Fort Capital Partners acted as special advisor to the Company in relation to the Offering and other strategic matters.

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