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Copper$3.85+1.23%
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Nickel$16,892-0.89%

Faraday Copper (TSX:FDY) Valuation After CA$100m Private Placement With BHP And Lundin Participation

ByYahoo Finance
1 day ago
Source:Yahoo Finance
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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...

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