Mr. Aksel Azrac of Nemesia reports
NEMESIA SARL ACQUIRES SHARES OF FARADAY COPPER CORP.
Nemesia SARL, a company controlled by trusts settled by the late Adolf H. Lundin, of 42, Blvd. Grande Duchesse Charlotte, L-1330, Luxembourg, has acquired an aggregate of 8,611,700 common shares of Faraday Copper Corp. at a price of $4.20 per common share for a total of $36,169,140. The shares were acquired in an offering of a non-brokered private placement basis on March 11, 2026, pursuant to exemptions from prospectus requirements under applicable securities legislation. This purchase of shares, when combined with other shares acquired by Nemesia since the last early warning report filed by Nemesia, represents an increase of more than 2 per cent of the issued capital of Faraday.
Nemesia held 38,075,000 common shares, or approximately 15.06 per cent of the issued and outstanding common shares of Faraday, prior to the acquisition of the 8,611,700 common shares in the private placement, which now results in increased holdings to a total of 46,686,700 common shares, or approximately 16.87 per cent of the issued and outstanding share capital of Faraday postclosing. Considering the 1,125,000 share purchase warrants held by Nemesia, the current holdings represent a total of 16.80 per cent on a partially diluted basis.
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.
A copy of the early warning report to be filed pursuant to National Instrument 62-103 may be obtained from Barry Baker at 1-604-603-1575.
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