Nemesia S.à.r.l. acquires stake in Faraday Copper Corp.
1 report, 1 independent
Updated Sat 12:23
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What happened
Nemesia S.à.r.l. acquired 971,830 common shares of Faraday Copper Corp. on October 28 at a price of Cdn$4.4622 per common share, totaling Cdn$4,336,500.00. Nemesia now holds approximately 13.25% of Faraday Copper's issued and outstanding common shares.
From mining.com
Why it matters
The purchase was made by Nemesia S.à.r.l. for investment purposes. The acquisition itself did not trigger a reporting requirement, though Faraday Copper's issuance of shares related to the San Manuel Project caused Nemesia's percentage holding to decrease by approximately 5.86%.
From mining.com
Who's involved
- Taseko MinesCopper producer in British Columbia, Canada
- EcotrustNon-profit organization in the USA
- GibraltarBritish overseas territory on the Iberian peninsula
- Stuart McDonaldPresident and CEO of Taseko Mines
- BHP GroupAustralian multinational mining and metals company
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The entities involved
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Taseko Mines
copper producer in British Columbia, Canada