Nemesia bought 971,830 Faraday Copper shares, but its stake fell to 13.25%
According to Reuters, Nemesia acquired 971,830 common Faraday Copper shares at CDN$4.4622 each. Its holding in the company dropped from 19.11% to 13.25%.
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what happened
Nemesia acquired 971,830 common shares of Faraday Copper at CDN$4.4622 per share, Reuters reported.
Despite the purchase, Nemesia's percentage holding in the company fell from 19.11% to 13.25%. The report was a brief ownership disclosure with no further commentary.
why it matters
Filings of this kind about large stakes usually affect only the shares of the company involved and say little about the broader copper market. For Faraday Copper shareholders, the movement of a major holder's stake is the key detail.
tags
instruments
sources
- Nemesia Acquires 971,830 Common Shares Of Faraday Copper — Reuters, 31 October 2026 at 00:04 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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