Mr. Graham Richardson reports

FARADAY COPPER ANNOUNCES CLOSING OF C$100 MILLION OFFERING WITH PARTICIPATION BY A LUNDIN FAMILY TRUST AND BHP

Faraday Copper Corp. has closed its previously announced non-brokered private placement financing for aggregate gross proceeds of $100,002,000 from strategic and other investors, including a Lundin family trust and a wholly owned subsidiary of BHP Group Ltd.

Graham Richardson, chief financial officer, commented: "I would like to thank all our shareholders for their continued support, particularly the Lundin family. Additionally, I am delighted to welcome BHP as a strategic shareholder to Faraday. The funds from this private placement will enable us to rapidly advance our study of the potential for development of the combined Copper Creek and San Manuel projects as we seek to bring additional U.S. copper supply on-line and provide responsible economic development to Pinal county."

Pursuant to the offering, Faraday issued an aggregate of 23.81 million common shares of the company at a price of $4.20 per share for gross proceeds of $100,002,000. The company intends to use the net proceeds from the offering for the continuing advancement of copper projects in Pinal county, Arizona, including transaction expenses in connection with the proposed acquisition and integration of the San Manuel property from BHP (see news release dated Feb. 20, 2026). No finders' fees or commissions are payable by Faraday in connection with the offering.

The common shares issued under the offering are subject to a hold period of four months and one day from the date hereof under Canadian securities laws. The offering remains subject to final approval by the Toronto Stock Exchange.

Certain insiders of the company participated in the offering, each of which constitutes a related-party transaction pursuant to Multilateral Instrument 61-101 (Protection of Minority Shareholders in Special Transactions). A material change report was not filed more than 21 days in advance of the closing as the launch of the offering 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. Further information regarding the offering, including additional details with respect to the related-party transactions will be provided in a material change report to be filed by the company on SEDAR+ in accordance with Canadian securities laws.

About Faraday Copper Corp.

Faraday Copper is an exploration company focused on advancing its flagship copper project in Arizona, United States. The Copper Creek project is one of the largest undeveloped copper projects in North America with significant district-scale exploration potential. Faraday is well financed 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.

We seek Safe Harbor.