Faraday Copper (TSX:FDY) Valuation After CA$100m Private Placement With BHP And Lundin Participation
Private placement brings in new funding and bigger sector names Faraday Copper (TSX:FDY) has just closed a private placement that raised about CA$100,002,000, drawing in mining heavyweights including a Lundin family entity, a BHP subsidiary, and other institutional investors. The financing, completed at CA$4.20 per share for 23,810,000 new common shares, adds fresh capital and broadens the company’s shareholder base at a time when many investors are closely monitoring copper focused...
Private placement brings in new funding and bigger sector names Faraday Copper (TSX:FDY) has just closed a private placement that raised about CA$100,002,000, drawing in mining heavyweights including a Lundin family entity, a BHP subsidiary, and other institutional investors. The financing, completed at CA$4.20 per share for 23,810,000 new common shares, adds fresh capital and broadens the company’s shareholder base at a time when many investors are closely monitoring copper focused...