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Copper Fox Metals Increases Private Placement to $3 Million

Copper Fox Metals Inc. (CUU.V) has increased the size of its previously announced non-brokered private placement from $2.5 million to $3 million. The amended offering is expected to consist of up to 3,797,468 Units at a Purchase Price of $0.79 per Unit, for aggregate gross proceeds of up to $3 million.

The company intends to use the proceeds to fund costs associated the Environmental Assessment Application, development expenses of the Companies Schaft Creek and Arizona projects, and general operating expenses.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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