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: Teck
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Not sure if they finally used the full 1B, but they could say something like:

- We added another 600M (total 1B) in 2019 to re-purchase shares in order to have this leverage if required

- We prefer to remain cash due to the current covic-19 situation, but had to move on this great asset

- We are diluting the float 10%, but Schaft Creek will not affect our cash position and the returns will highly offset the dilution and benefit our shareholders.

- We intend to repurchase most of the shares with the sale of San Nicholas & Zafranal.

MoneyK

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