Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Loan

The loan of 2 million is likely from Ernesto.

We've seen this before:

In addition, during the year a Director loaned the Company $1,400,000. The loan bears no interest and has no fixed terms of repayment. These transactions were recorded at the exchange amount agreed to by the related parties.

The that fact this loan is non interest bearing should not necessarily be seen as a sign of an imminent buyout (as nice as that would be).

In addition, the Company issued 1,272,727 common shares for repayment of the balance of this loan of $1,400,000.

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