Faragher, 23, won 53 games over three seasons with St. Cloud State with a 2.58 goals-against average, .911 save percentage and five shutouts. As a sophomore, he led the school to its first Frozen Four appearance and Western Collegiate Hockey Association regular-season title.
Faragher comes off a season in which he led St. Cloud State to the NCAA West Regional Final and made the National Collegiate Hockey Conference second team. He was 20-9-4 with a 2.79 GAA, .905 save percentage and one shutout. He led the NCHC with 14 conference wins.
In other signings Monday:
Hache, 20, had five goals and 46 points in 57 games this season for the Cape Breton Screaming Eagles of the Quebec Major Junior Hockey League. He was second on the team in assists and points by a defenseman.
The 6-foot-2, 202-pound Hache was a seventh-round selection (No. 208) of the Coyotes in the 2012 NHL Draft.