It's easy to understand reading it this way.

Vancouver, British Columbia - January 13, 2012 -Copper Fox Metals Inc. ("Copper Fox" or "the Company") (TSX-V: CUU) announces that it has entered into an agreement with Mr. Ernesto Echavarria to settle $1,400,000 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. Completion of the debt settlement with Mr. Echavarria is subject to the approval of the TSX Venture Exchange.

Vancouver, British Columbia - January 23, 2012 - Copper Fox Metals Inc. ("Copper Fox" or "the Company") (TSX-V: CUU) is pleased to announce the issuance of shares in order to extinguish outstanding debt owed to an Insider.

The Company received approval from the TSX Venture Exchange to issue shares for debt with Mr. Ernesto Echavarria to settle $1,400,000 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.