• Fox River Resources (FOX) announced a non-brokered private placement  for gross proceeds of up to $1,500,000
  • The company will issue up to 7,500,000 common shares at a price of $0.20 per share
  • Fox River Resources is engaged in the advancement of the Martison Phosphate Project
  • Fox River Resources Corporation (FOX) opened trading at C$0.25.

Fox River Resources (FOX) announced a non-brokered private placement for gross proceeds of up to $1,500,000.

The company will issue up to 7,500,000 common shares at a price of $0.20 per share.

The proceeds will be used for the exploration and advancement of the company’s Martison Phosphate Project and for general corporate purposes.

Any securities issued will be subject to a statutory four-month hold period.

A finder’s fee in cash or shares and non-transferable warrants may be paid to eligible finders.

Fox River Resources Corp is engaged in the advancement of the Martison Phosphate Project near Hearst, Ontario.

Fox River Resources Corporation (FOX) opened trading at C$0.25.


More From The Market Online

Tilray Brands seeks US$250M for U.S. cannabis expansion

Global cannabis stock Tilray Brands (TSX:TLRY) intends to raise up to US$250 million to fund its U.S. expansion plan.

Rock Tech notches approvals for German lithium refinery

Rock Tech Lithium (TSXV:RKC) reveals it has received the full permits for its planned lithium refinery in Guben, Germany.
The Market Online Video

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle

Graham Downs and Adam Coulter of Cascadia Minerals (TSXV:CAM) discuss promising projects in the Yukon Territory and British Columbia.

Microcap Star Diamond releases robust diamond valuation

Star Diamond (TSX:DIAM), a microcap mining stock, releases a prospective diamond valuation for three major kimberlite units in Saskatchewan.