Copper Fox Comments on Current Share Price

Rhea-AI Summary

Copper Fox, a Canadian exploration and development company, announced that it is unaware of any material changes in its operations that would explain the recent increase in market activity. The company focuses on Tier 1 copper projects in Canada and the US. Its key assets include 100% ownership of the Van Dyke oxide copper project in Miami, AZ, and the Eaglehead polymetallic porphyry copper project in British Columbia, among others. Copper Fox also holds a 25% interest in the Schaft Creek Joint Venture with Teck Resources

Positive

• Copper Fox confirmed no material changes affecting its operations.
• Focus on Tier 1 copper projects in strong jurisdictions like Canada and the US.
• 100% ownership of key projects including Van Dyke and Eaglehead.
• 25% interest in Schaft Creek Joint Venture with Teck Resources.

Negative

• No clear reason provided for recent increase in market activity, which could imply instability or speculation.
• Lack of concrete updates or new developments in the press release.

Calgary, Alberta--(Newsfile Corp. - May 14, 2024) - At the request of CIRO, (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company"), wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.

Copper Fox is a Canadian exploration and development company focused on Tier 1 copper projects in Canada and the United States. The principal assets of Copper Fox and its wholly owned subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 100% ownership of the Van Dyke oxide copper project located in Miami, AZ, the 100% interest in the Mineral Mountain and Sombrero Butte porphyry copper exploration projects located in Arizona, the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project and the 100% owned Eaglehead polymetallic porphyry copper project each located in northwestern British Columbia. For more information on Copper Fox visit the Company's website at www.copperfoxmetals.com.

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.

On behalf of the Board of Directors

Elmer B. Stewart
President and Chief Executive Officer

For further information please contact:
Lynn Ball at 1-403-264-2820; investor@copperfoxmetals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/209128

FAQ

What did Copper Fox announce on May 14, 2024?

Copper Fox announced that it is unaware of any material changes in its operations that would account for the recent increase in market activity.

What are Copper Fox's key assets?

Copper Fox's key assets include 100% ownership of the Van Dyke oxide copper project and the Eaglehead polymetallic porphyry copper project, among others.

What is the stock symbol for Copper Fox?

Copper Fox's stock symbol is CPFXF.

Where are Copper Fox's projects located?

Copper Fox's projects are located in Canada and the United States, including Arizona and British Columbia.