Copper Fox announces a $2,500,000 Private Placement Unit Offering, insider commits to 100% participation2:05PM ET on Friday Feb 22, 2013 by CNW Group

Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU) is pleased to announce that subject to the approval of the TSX-Venture Exchange, the Company intends to complete a non-brokered Private Placement to raise up to CDN $2,500,000 (the "Offering"). The Offering is expected to consist of 3,164,557 Units at a Purchase Price of $0.79 per Unit, for aggregate gross proceeds of $2,500,000. Each Unit consists of one common share and one common share purchase warrant of Copper Fox. Each Warrant entitles the holder thereof to acquire one common share of Copper Fox at an exercise price of $1.00 prior to 5:00 pm on the one year anniversary of closing of the Offering.

Mr. Ernesto Echavarria, a Director, insider, and control person of Copper Fox as defined by the policies of the TSX-Venture Exchange, has committed to 100% participation of this Offering.

Monies raised from the Offering will be used to fund costs associated with the Environmental Assessment Application, development expenses of the Companies Schaft Creek and Arizona projects, and general operating expenses.

Now it's probably nothing exciting but just wanted to bring in up in case someone on this board doesn't think I'm crazy. Are they now looking at the deposits as 2 separate entities and does it matters in our current situation? Does it mean that CUU will cease to exist when AZ becomes the new target? P