Faraday Copper publishes Q1 2026 MD&A for three months ended March 31, 2026

• Faraday Copper Corp. published its MD&A for Q1 2026, highlighting a non-brokered private placement that issued 23,810,000 shares at CAD 4.2 for gross proceeds of CAD 100 million.
• Cash and cash equivalents rose to CAD 120.8 million at March 31, 2026 from CAD 37.9 million at Dec. 31, 2025; current assets less current liabilities increased to CAD 131.94 million from CAD 35.42 million.
• Letter of intent signed to acquire BHP’s San Manuel property in Arizona; consideration structured as Faraday shares equivalent to a 30% fully diluted interest at closing, with definitive agreements targeted by end of Q3 2026.
• Copper Creek Phase IV drilling continued under a planned 40,000-meter program, focused on American Eagle near-surface mineralization, oxide targets aimed at potential copper cathode production, and new district targets.
• Net loss widened to CAD 9.89 million from CAD 7.82 million, driven mainly by higher exploration and evaluation spending tied to increased drill activity.

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