I Do not get it. Hummmmm

Dodger wake up man !! Jan 13th they announced they would pay Ernesto back upon TSX Exchange approval and today they announced they received the approval and issued the shares. Debt is cleared.

2012-01-13 14:10 ET - News Release

COPPER FOX ANNOUNCES SHARES FOR DEBT AGREEMENT

Copper Fox Metals Inc. has entered into an agreement with Ernesto Echavarria to settle $1.4-million of debt by way of issuance of 1,272,727 common shares of Copper Fox to Mr. Echavarria at an issue price of $1.10. No warrants were issued in respect of the shares-for-debt transaction.

COPPER FOX ANNOUNCES THE ISSUANCE OF 1,272,727 SHARES FOR OUTSTANDING DEBT SETTLEMENT

2012-01-23 15:24 ET - News Release

The company received approval from the TSX Venture Exchange to issue shares for debt with Ernesto Echavarria to settle $1.4-million of debt by way of issuance of 1,272,727 common shares of Copper Fox to Mr. Echavarria at an issue price of $1.10.