Faraday Copper Announces Closing of C$23 Million Bought Deal Financing
Faraday Copper Announces Closing of C$23 Million Bought Deal Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
不用于分发给美国新闻通讯社或在美国传播
VANCOUVER, BC / ACCESSWIRE / May 30, 2024 / Faraday Copper Corp. ("Faraday" or the "Company") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce that it has completed its previously announced bought deal financing, including the exercise in full of the Underwriters' (as defined below) over-allotment option, for a total of 28,750,000 common shares (the "Common Shares") sold at a price of C$0.80 per Common Share for aggregate gross proceeds to the Company of C$23,000,000 (the "Offering").
不列颠哥伦比亚省温哥华/ACCESSWIRE/2024年5月30日/法拉第铜业公司(“法拉第” 或 “公司”)(多伦多证券交易所股票代码:FDY)(OTCQX: CPPKF)欣然宣布,它已经完成了先前宣布的收购交易融资,包括全面行使承销商(定义见下文)的超额配股权,共计28,750,000股普通股(“普通股”)”)以每股普通股0.80加元的价格出售,公司的总收益为2300万加元(“发行”)。
Paul Harbidge, President and CEO, commented "We are pleased to close another successful financing backed by strong institutional support and key partners, including the Lundin family, Murray Edwards, and Pierre Lassonde."
总裁兼首席执行官保罗·哈比奇评论说:“我们很高兴在强有力的机构支持和包括伦丁家族、默里·爱德华兹和皮埃尔·拉松德在内的关键合作伙伴的支持下,成功完成了又一次融资。”
The Offering was underwritten by Ventum Financial Corp., Canaccord Genuity Corp. and TD Securities Inc. as co-lead underwriters and joint bookrunners (collectively, the "Underwriters").
本次发行由Ventum Financial Corp.、Canaccord Genuity Corp. 和道明证券公司作为共同主承销商和联席账簿管理人(统称为 “承销商”)承保。
The Offering was completed by way of a prospectus supplement dated May 24, 2024 (the "Prospectus Supplement") and filed in all provinces and territories of Canada, other than Quebec, under the Company's base shelf prospectus dated October 21, 2022. The Common Shares were also sold in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and other jurisdictions outside of Canada.
本次发行通过2024年5月24日的招股说明书补充文件(“招股说明书补充文件”)完成,并根据公司2022年10月21日的基本招股说明书在加拿大除魁北克以外的所有省份和地区提交。根据经修订的1933年《美国证券法》(“美国证券法”)和加拿大以外的其他司法管辖区的注册要求豁免,这些普通股也以私募方式在美国出售。
The Common Shares have been conditionally approved for listing on the Toronto Stock Exchange ("TSX"). The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the final approval of the TSX.
普通股已有条件地获准在多伦多证券交易所(“TSX”)上市。本次发行受某些条件的约束,包括但不限于获得所有必要的批准,包括多伦多证券交易所的最终批准。
The Company intends to use the net proceeds from the Offering to fund advancement of the Copper Creek Project, located in Arizona, U.S., and for working capital and general corporate purposes as set out in the Prospectus Supplement.
公司打算将本次发行的净收益用于资助位于美国亚利桑那州的Copper Creek项目的推进资金,并用于招股说明书补充文件中规定的营运资金和一般公司用途。
The Common Shares offered in the 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.
本次发行中发行的普通股过去和将来都没有根据《美国证券法》或任何美国州证券法进行注册,也不得在未经《美国证券法》和适用的美国州证券法注册要求的适用豁免的情况下在美国或向美国人发行或出售,或为美国人的账户或利益进行发行或出售。本新闻稿不应构成在美国出售证券的要约或征求购买证券的要约,也不得在任何此类要约、招揽或出售非法的司法管辖区出售这些证券。
Related Party Disclosure
关联方披露
Russell Ball who is the Chair of the Board of Directors of the Company acquired an aggregate of 125,000 Common Shares pursuant to the Offering, which constitutes a "related party transaction" pursuant to Multilateral Instrument 61-101 - Protection of Minority Shareholders in Special Transactions ("MI 61-101"). Mr. Ball's participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 in reliance upon the exemptions contained in Section 5.5(a) and 5.7(1)(a), respectively, of MI 61-101. A material change report was not filed more than 21 days in advance of the closing as the launch of the Offering only occurred within a short period of time prior to the closing of the Offering, and the Company wished to close the Offering on an expedited basis for sound business reasons.
公司董事会主席罗素·鲍尔根据本次发行共收购了12.5万股普通股,根据第61-101号多边文书——特别交易中保护少数股东(“MI 61-101”),这构成了 “关联方交易”。根据密歇根州61-101第5.5(a)和5.7(1)(a)节分别包含的豁免,鲍尔先生的参与不受密歇根州61-101的正式估值和少数股东批准要求的约束。由于本次发行仅在发行结束前的短时间内启动,并且出于合理的业务原因,公司希望在收盘前提前21天内提交重大变更报告。
About Faraday Copper
关于法拉第铜业
Faraday Copper is a Canadian 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 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".
Faraday Copper是一家加拿大勘探公司,专注于推进其在美国亚利桑那州的旗舰铜矿项目。Copper Creek项目是北美最大的未开发铜项目之一,具有巨大的区域规模勘探潜力。该公司拥有充足的资金,可以实现其关键里程碑,并受益于具有高级矿业公司经验和专业知识的管理团队和董事会。法拉第在多伦多证券交易所上市,交易代码为 “FDY”。
For additional information please contact:
欲了解更多信息,请联系:
Stacey Pavlova, CFA
Vice President, Investor Relations & Communications
Faraday Copper Corp.
E-mail: info@faradaycopper.com
Stacey Pavlova,CFA
投资者关系与传播副总裁
法拉第铜业公司
电子邮件:info@faradaycopper.com
To receive news releases by e-mail, please register using the Faraday website at .
要通过电子邮件接收新闻稿,请使用法拉第网站注册 。
Cautionary Note on Forward Looking Statements
关于前瞻性陈述的警示性说明
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 results, 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 final approvals relating to the Offering and the intended use of proceeds of the Offering.
除历史事实陈述外,本新闻稿中的一些陈述属于 “前瞻性陈述”,基于管理层截至发表此类陈述之日的观点和估计,必然基于估计和假设,这些估计和假设本质上受已知和未知风险、不确定性和其他因素的影响,这些因素可能导致法拉第的实际业绩、活动水平、业绩或成就与此类前瞻性陈述所表达或暗示的重大差异。此类前瞻性陈述和前瞻性信息特别包括但不限于与本次发行有关的最终批准和本次发行收益的预期用途的陈述。
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 differ materially. Accordingly, readers should not place undue reliance on forward-looking statements or information.
尽管法拉第认为此类前瞻性陈述中表达的预期是基于合理的假设,但此类陈述不应以任何方式被解释为未来业绩的保证,实际业绩或发展可能存在重大差异。因此,读者不应过分依赖前瞻性陈述或信息。
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 resources; receipt of regulatory approval; receipt of shareholder approval; mining rates and recovery rates; significant capital 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 claims 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 the Prospectus Supplement and the documents incorporated by reference therein and Faraday's disclosure documents filed on and available at .
可能导致实际业绩与前瞻性陈述存在重大差异的因素包括但不限于:金属的市场价格;详细可行性和技术分析的结论;低于预期的资源等级和数量;获得监管部门的批准;获得股东批准;采矿率和回收率;重大资本要求;大宗商品现货和远期市场的价格波动;汇率波动;税收;管制、监管以及政治或经济方面法拉第开展或可能开展业务的国家的事态发展;矿产勘探和开发的投机性质、竞争;关键员工流失;劳动力、供应、燃料和设备成本上涨;当前勘探或开垦活动的实际结果;事故;劳资纠纷;矿产索赔或财产所有权的缺陷或对矿产索赔的竞争;与咨询和容纳土著人民和其他群体的权利相关的意外延误和成本;不确定性,和与获得和维持必要的执照、许可证和授权以及遵守许可要求(包括与Copper Creek房产相关的许可要求)相关的意外延迟;以及法拉第未来收购的不确定性。此外,还存在与矿产勘探、开发和采矿业务相关的风险和危害,包括环境事件和灾害、工业事故、异常或意外地层、压力、塌方、洪水、保险不足或无法获得保险来承保这些风险的风险,以及招股说明书补充文件和其中以引用方式纳入的文件中包含的 “风险因素” 和法拉第披露文件,可在以下网址查阅 。
This news 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 news 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 news release, and any representation to the contrary is an offence.
本新闻稿不构成向在该司法管辖区内非法向任何人出售任何证券的要约或要求购买任何证券的要约。本新闻稿不是,在任何情况下都不得解释为招股说明书、发行备忘录、广告或加拿大、美国或任何其他司法管辖区法拉第证券的公开发行。加拿大或美国的证券委员会或类似机构均未审查或以任何方式通过本新闻稿,任何相反的陈述均属违法。
SOURCE: Faraday Copper Corp.
来源:法拉第铜业公司