Faraday Copper Signs Letter of Intent to Acquire BHP's San Manuel Property in Arizona, Creating a Multi-Asset Copper District in the USA [Yahoo! Finance Canada]
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP)
US:NYSE Investor Relations:
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Source: Yahoo! Finance Canada
VANCOUVER, BC / ACCESS Newswire / February 20, 2026 / Faraday Copper Corp. (" Faraday ") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce it has entered into a non-binding letter of intent (" LOI ") with a wholly owned subsidiary of BHP Group Limited (" BHP ") in respect of a proposed transaction whereby Faraday would acquire from BHP the San Manuel property (" San Manuel "), adjacent to Faraday's Copper Creek project (" Copper Creek "), located in Arizona, USA (Figure 1). Under the terms of the LOI, Faraday and BHP will negotiate and, subject to obtaining all necessary approvals, enter into a definitive purchase and sale agreement containing customary terms and conditions for a transaction of this nature, whereby Faraday would acquire 100% of San Manuel (the " Proposed Transaction "). As consideration for the Proposed Transaction, Faraday would issue to BHP common shares of Faraday (the " Consideration ") equivalent to a 30% interest in the issued and outstanding common shares on a f
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BHP
Sec Filings
- 2/17/26 - Form 6-K
- 2/17/26 - Form 6-K
- 2/17/26 - Form 6-K
- BHP's page on the SEC website