Mr. Elmer Stewart reports
COPPER FOX ANNOUNCES NON-BROKERED PRIVATE PLACEMENT HAS BEEN FULLY SUBSCRIBED
Copper Fox Metals Inc.'s recently announced non-brokered private placement of up to $3-million in gross proceeds is fully subscribed and the company has received conditional approval from the TSX Venture Exchange. The offering consists of 4,615,384 common shares at a price of 65 cents per share and is expected to close on Feb. 27, 2026.
In accordance with applicable securities legislation, securities issued pursuant to the offering are subject to a hold period of four months plus one day from the date of the completion of the offering. The net proceeds raised from the offering will be used to continue exploration and development activities on Copper Fox's 100-per-cent-owned Van Dyke, Eaglehead, Mineral Mountain and Sombrero Butte projects, working capital and general corporate, and administrative purposes of the company.
About Copper Fox Metals Inc.
Copper Fox is a Canadian resource company focused on copper development and exploration in the United States and Canada. Copper Fox and its subsidiaries own 100 per cent of the Van Dyke ISCR project, a development-stage, potential near-term, mid-size copper mine in Arizona, and a 25-per-cent interest in the Schaft Creek joint venture with Teck Resources Ltd. (75-per-cent interest and operator), which hosts the Schaft Creek copper-gold-molybdenum-silver project in British Columbia's Golden Triangle. In addition, Copper Fox owns 100 per cent of the resource-stage Eaglehead polymetallic porphyry copper project in northwestern British Columbia, and the Sombrero Butte and Mineral Mountain advanced-exploration-stage porphyry copper projects located in the prolific Laramide-age copper province in Arizona.
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