Fox(FOX) Newsfile·2025-02-06 11:00Core Viewpoint - Copper Fox Metals Inc. plans to raise up to 0.205 per unit [1][6]. Offering Details - Each unit consists of one common share and one-half common share purchase warrant [1]. - The warrants allow the purchase of one common share at an exercise price of 0.30 for the second year [2]. - If the average share price exceeds 0.33 for specified periods, the expiry date of the warrants may be accelerated [2]. Subscription Eligibility - The offering is available to existing shareholders as of February 5, 2025, and other eligible subscribers under various prospectus exemptions [3]. - Subscribers must meet specific criteria, including being a shareholder on the record date and purchasing for their own account [4]. Subscription Limitations - There is a $15,000 limit on securities purchased under the Existing Security Holder Exemption, with exceptions for those receiving suitability advice from a registered investment dealer [4]. - The company reserves the right to limit large subscriptions in favor of smaller ones if the offering is oversubscribed [5]. Use of Proceeds - The net proceeds will be allocated to exploration and development of the company's projects, including Van Dyke, Eaglehead, Mineral Mountain, and Sombrero Butte, as well as for working capital and general corporate purposes [6]. Insider Participation - The offering may include subscriptions from insiders, including a minimum of 4,390,244 units from director Ernesto Echavarria [7]. - Insider subscriptions may be considered a "Related Party Transaction" under TSX Venture Exchange policies, with the company relying on exemptions from certain requirements [8][9]. Company Overview - Copper Fox is a Tier 1 Canadian resource company focused on copper exploration and development, with key assets including the Van Dyke project in Arizona and several other copper exploration projects in Canada and the U.S. [10].