Faraday Copper Reports Second Quarter 2026 Financial Results
VANCOUVER, BC / ACCESS Newswire / August 7, 2026 / Faraday Copper Corp. ("Faraday" or the "Company") (TSX:FDY) announces its financial results for the three and six months ended June 30, 2026.
Highlights Year to Date * Announced the signing of a definitive purchase and sale agreement to acquire 100% of the San Manuel Property in Arizona (the "San Manuel Transaction") from a wholly-owned subsidiary of BHP Group Limited ("BHP") on July 2, 2026 (see news release dated July 2, 2026). * Reported near-surface copper mineralization from drill holes in the American Eagle Area on June 24, 2026. * Announced the appointment of Jeff Cornoyer as Vice President & General Manager and Cynthia Salas as Director, Human Resources on June 1, 2026 * Reported near-surface copper mineralization from drill holes in the Globe, Copper Giant, and Marsha breccias on May 12, 2026. * Reported additional copper mineralization from drill holes at the American Eagle and Keel areas on March 24, 2026. * Closed a non-brokered private placement with participation by Trusts settled by the late Adolf H. Lundin and BHP, involving the issuance of 23,810,000 common shares at a price of $4.20 per share for aggregate gross proceeds of $100,002,000 on March 11, 2026. * Reported near-surface copper mineralization from drill holes in the American Eagle Area on January 22, 2026.
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