2023-08-28 13:09:56 ET
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Copper Fox Metals ( TSXV: CUU:CA ) ( OTCQX:CPFXF ) said Monday it intends to reprice its previously announced non-brokered private placement to raise up to $2 million.
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The offering will consist of up to 10 million units at $0.20 per unit.
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Each unit will consist of one common share and one-half common share purchase warrant.
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Each whole warrant will entitle the holder to purchase one common share for a two-year term, for an exercise price of $0.25 during the first 12-month period after the closing of the offering and $0.30 during the subsequent 12-month period.
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The offering is subject to the approval of the TSX Venture Exchange.
For further details see:
Copper Fox Metals reprices $2M private placement