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Copper Fox Metals ( (TSE:CUU) ) has shared an update.
Copper Fox Metals Inc. announced a non-brokered private placement aiming to raise up to $1,500,000 through the issuance of units at $0.205 each. This initiative is structured to include common shares and warrants, with specific terms for exercise prices and timelines. The offering is available to existing shareholders and select subscribers under various exemptions, with conditions on purchase limits and subscription priorities. This capital-raising effort is poised to enhance Copper Fox’s financial position, potentially supporting its ongoing exploration and development activities in the copper sector.
More about Copper Fox Metals
Copper Fox Metals Inc. is a company operating within the mining industry, focusing primarily on the exploration and development of copper resources. The company is engaged in advancing its projects in North America, particularly in regions with significant copper deposits.
YTD Price Performance: -20.69%
Average Trading Volume: 112,121
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$130.6M
Find detailed analytics on CUU stock on TipRanks’ Stock Analysis page.