Warning of Advancement in Deadline for Copper Fox Warrant Redemption
In a recent announcement, Copper Fox Metals Inc., a Canadian resource company specialising in copper exploration and development in Canada and the United States, has revealed the accelerated expiry of outstanding common share purchase warrants issued in February 2025.
The accelerated expiry date for these warrants has been set for October 14, 2025, at 5:00 p.m. (Calgary Time). This decision was prompted by the 15-day volume weighted average price of the common shares exceeding $0.30 per share on September 12, 2025, triggering the acceleration.
Shareholders who acquired the warrants as part of the offering have the option to exercise these warrants before the new deadline. However, they are subject to a legal holding period of four months and one day after the issue date. This means that holders who own them beyond this period can exercise them before the October 14, 2025, deadline.
If all the warrants are exercised, Copper Fox Metals Inc. will receive approximately $914,635 in proceeds. Any unexercised warrants after October 14, 2025, will expire and be of no force and effect. Holders can exercise the warrants by completing a Warrant exercise form and delivering it to Copper Fox Metals Inc., along with a certified cheque or money order, by October 14, 2025.
The proceeds from the warrant exercises will be utilised for further exploration work on Copper Fox's 100% owned projects and working capital purposes.
It is important to note that this news release contains forward-looking information regarding the acceleration dates of the Warrants and potential proceeds from any such Warrant exercises. Copper Fox Metals Inc. disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein, except as required by law.
For more detailed information about Copper Fox Metals Inc., their mineral properties, and investments, please visit their website at www.copperfoxmetals.com. The source of this press release can be found at https://www.newsfilecorp.com/release/267079.
For additional information regarding Copper Fox Metals Inc., please contact Lynn Ball, who can be reached at 1-844-464-2820, 1-403-264-2820, or [email protected].
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. The news provided in this article is by Newsfile via QuoteMedia.
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