(MENAFN- Investor Ideas) Investorideas ( ), a go-to platform for big investing ideas, reports on trading for copper miner, Copper Fox Metals Inc. (TSXV: CUU ) (OTCQX: CPFXF) (FSE: HPU).
The stock is trading at $0.4500, up 0.1400 , gaining 44.0945% on over 4 million shares. The stock had a day's high of 0.55 and caught the attention of regulators on its gains.
The company issued news today at the request of CIRO (Canadian investment Regulatory Organization):" Copper Fox 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.
The company's most recent news April 22, where they announced that through its wholly owned subsidiary Northern Fox Copper Inc. ("Northern Fox"), is pleased to announce that on April 19, 2024 the final installment payment of CAD$330,000 to District Copper Corp. ("District Copper") was completed. The terms and conditions of the purchase of the Eaglehead porphyry copper project located in northwestern British Columbia ("BC") were set out in a news release dated February 10, 2020.
The aggregate consideration paid by Northern Fox for the Eaglehead property ("Eaglehead Property") was CAD$1.412 million, of which $1.2 million was paid to District Copper and $212,000 was paid to the BC Ministry of Energy, Mines and Low Carbon Innovation to assume the reclamation bond for the Eaglehead Property.
News:
Research more mining stocks with Investorideas free stock directory and the Exploring Mining Podcast
Check out the Exploring Mining podcast as for the latest mining stock news and insightful interviews with top industry experts. We're proud to have been recognized as number 1 in the top 30 Mining Podcasts to listen to in 2024 by Feedspot based on a review of thousands of podcasts on the web and ranked by traffic, social media followers & freshness. Host Cali Van Zant interviews CEO's and analysts to give you insight into the sector.
About Investorideas - Big Investing Ideas
Investorideas is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.
Disclaimer/Disclosure: Investorideas is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: Learn more about publishing your news release and our other news services on the Investorideas newswire /News-Upload/ Global investors must adhere to regulations of each country.
MENAFN14052024000142011025ID1108212450
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.