Faraday Copper Corp. is pleased to provide a summary of its completed geological model for the Copper Creek project, located in Arizona, U.S. and to provide an overview of the exploration plan for the remainder of 2022 and early 2023. "The Company has reached another milestone with the delivery of an initial geological model, which provides a strong foundation for an updated mineral resource estimate for the Copper Creek [...]
Faraday Copper Corp. is pleased to announce that it has closed its previously announced and upsized private placement for gross proceeds of C$20 million. Paul Harbidge, President and CEO, commented "I would like to thank all of our shareholders for their support and I am delighted with the continued endorsement from our key strategic investors, including the Lundin family, Murray Edwards, and Pierre Lassonde, who now [...]
Faraday Copper is pleased to announce that it has increased the size of its private placement of common shares of the Company announced on April 20, 2022. The Private Placement has increased from $15 million to $20 million, at an offering price of $0.80 per common share, due to strong demand. Upon closing of the Private Placement, expected on or about May 5, 2022, the Company will issue up to 25,000,000 common shares of [...]
Copperbank Resources Corp. is pleased to announce that shareholders voted overwhelmingly at this morning's annual and special general meeting to approve the name change to Faraday Copper Corp. and approve the new slate of directors, with over 98% of the votes cast in favor. Russell Ball, Chair of the Board, commented: "I would like to thank Gianni, Giulio and Tony for their contributions and stewardship of the Company. I [...]
Copperbank Resources Corp. is pleased to announce the initial results of a drill core re-sampling program aimed at confirming historic high-grade breccia-hosted mineralization and sampling of previously unsampled drill core adjacent to the breccias. Paul Harbidge, President & CEO, commented: "Development of a technically sound geological model forms the foundation of a robust mineral resource estimate that will enable the [...]
Copperbank Resources Corp. is pleased to announce the mailing of materials to shareholders entitled to vote at its Annual and Special General Meeting of Shareholders to be held on April 19, 2022 at 9:00am PST in Vancouver. The Meeting is being held, inter alia, to elect directors for the ensuing year and to consider a change in the name of the Company to "Faraday Copper Ltd." Shareholders are entitled to vote at the [...]
Copperbank Resources Corp. is pleased to report the commencement of drilling at its 100% owned Copper Creek project, approximately 120 km northeast of Tucson. Paul Harbidge President and CEO stated, "After a hiatus of a decade on Copper Creek, the new team is excited about starting our first drilling program to test both high-grade, near surface mineralization to advance the open pit concept, as well as deeper holes to [...]
Copperbank Resources Corp. is pleased to provide a corporate update and an outline on key deliverables for 2022. Paul Harbidge, President and CEO stated: "It has been an extremely busy four months since I stepped into the leadership role at CopperBank. The senior leadership team is now in place and I am excited to be working with this team of exceptionally talented individuals to transition the Company from an accumulator [...]
Copperbank Resources Corp. is pleased to announce that earlier today shareholders of Copperbank voted at the special meeting of shareholders to approve the long term incentive plan of the Company, as further described in the management information circular of the Company dated September 14, 2021, with approximately 98% of votes cast in favour of the new LTIP. Additionally, the company is pleased to announce key [...]
Copperbank Resources Corp. announces that it has closed the previously announced non-brokered private placement offering of units of the Company at a price of $0.40 per Unit, for aggregate gross proceeds to the Company of $5,000,000. "It is great to close this financing so soon after taking over as CEO and seeing such strong demand from seasoned, long-term resource investors," said Paul Harbidge, President and Chief [...]
Copperbank Resources Corp. is pleased to announce the appointment of Paul Harbidge as President and Chief Executive Officer and Russell Ball as Chair of the board of directors of CopperBank, effective immediately. In addition to his role as President and Chief Executive Officer, Paul Harbidge will also serve as a director on the Board. Mr. Harbidge and Mr. Ball bring to the Company a solid track record of creating value [...]
Copperbank Resources Corp. is pleased to announce the completion of the reprocessing of the historical geophysics conducted on its 100% owned Copper Creek Project in Arizona. The reprocessing work was conducted by Resource Potentials of Perth, Australia, and was focused on the reinterpretation of the 2015 ZTEM Aeromagnetic survey which covered 215 square kilometers and 1,269-line kilometers. The reprocessing also [...]
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