https://copperfoxmetals.com/news/copper-fox-announces-exercise-of-all-warrants-by-c-160297/

Never seen a news release like this!

Maybe aimed at Teck!

Mr. Echavarria. As a result of the exercise of the Warrants, together with prior acquisitions, Mr. Echavarria now holds an aggregate of 312,242,855 common shares of the Company (“Shares”), representing approximately 56.95% of the issued and outstanding Shares, an increase from approximately 55.23% prior to the exercise of the Warrants.

Elmer B. Stewart, President and CEO of Copper Fox stated, “Copper Fox is pleased to have the continued support of its major shareholder. The funds made available pursuant to the warrant exercise are being used to advance Copper Fox’s 2023 activities on its advanced and exploration stage copper projects located in Arizona, USA and British Columbia, Canada.” 

As disclosed in the early warning report accompanying this news release, an aggregate of $1,950,000 was paid to exercise the 21,666,667 Warrants at an exercise price of $0.09 per Warrant, and Mr. Echavarria acquired these Shares for investment purposes and, may in the future acquire or dispose of securities of the Company, through the market, privately or otherwise, as circumstances or market conditions warrant.