Faraday Copper investor Nemesia acquires 8.61 M shares

Executive Summary

• Nemesia SARL, controlled by trusts settled by the late Adolf H. Lundin, acquired 8,611,700 common shares of Faraday Copper Corp. in a non-brokered private placement.
• The acquisition increases Nemesia's ownership stake in Faraday Copper from approximately 15.06% to approximately 16.87% of the issued and outstanding share capital.
• The transaction was executed for a total consideration of $36,169,140 at a price of $4.20 per share.

Key Details

• Acquirer: Nemesia SARL (controlled by trusts settled by the late Adolf H. Lundin).
• Target: Faraday Copper Corp.
• Transaction Type: Non-brokered private placement.
• Date of Acquisition: March 11, 2026.
• Shares Acquired: 8,611,700 common shares.
• Price Per Share: $4.20.
• Total Consideration: $36,169,140.
• Pre-Transaction Holdings: 38,075,000 common shares (approx. 15.06% of issued and outstanding shares).
• Post-Transaction Holdings: 46,686,700 common shares (approx. 16.87% of issued and outstanding shares).
• Diluted Basis: When considering 1,125,000 share purchase warrants held by Nemesia, the holdings represent approximately 16.80% on a partially diluted basis.
• Purpose: Acquired for investment purposes; future investments or disposals may occur based on business prospects and market conditions.
• Regulatory Filing: Early warning report filed pursuant to National Instrument 62-103.

Notable Quotes

• "Nemesia acquired the common shares of Faraday Copper for investment purposes and may, from time to time, make future investments in or dispose of common shares of the company depending upon the business and prospects of Faraday and future market conditions."