- Fox River Resources (FOX) announced a non-brokered private placement for gross proceeds of up to $1,500,000
- The company will issue up to 7,500,000 common shares at a price of $0.20 per share
- Fox River Resources is engaged in the advancement of the Martison Phosphate Project
- Fox River Resources Corporation (FOX) opened trading at C$0.25.
Fox River Resources (FOX) announced a non-brokered private placement for gross proceeds of up to $1,500,000.
The company will issue up to 7,500,000 common shares at a price of $0.20 per share.
The proceeds will be used for the exploration and advancement of the company’s Martison Phosphate Project and for general corporate purposes.
Any securities issued will be subject to a statutory four-month hold period.
A finder’s fee in cash or shares and non-transferable warrants may be paid to eligible finders.
Fox River Resources Corp is engaged in the advancement of the Martison Phosphate Project near Hearst, Ontario.
Fox River Resources Corporation (FOX) opened trading at C$0.25.