CALGARY, June 21 /CNW/ - Copper Fox Metals Inc. ("Copper Fox" or the
"Company") (TSX-V:CUU ) announces its second quarter results for the six
months ended April 30,2006.
Copper Fox has filed, on SEDAR, quarterly unaudited financial statements
for the three months ended April 30, 2006 along with the related Management
Discussion and Analysis.
Mr. Guillermo Salazar, President and Chief Executive Officer, announces
that the Company incurred a loss from operations for the three months ended
April 30, 2006 of $409,896 related to the ongoing activities of the Company in
its second quarter. In addition, the Company incurred $292,864 of expenditures
on its Schaft Creek property and received an additional $3,772,064 of share
capital through the issuance of flow through and non flow through common
shares during the quarter. Selling costs related to the issue were $482,395.
In addition the Company received additional capital of $285,000 through the
exercise of options and warrants during the quarter.
Copper Fox is a Tier 2 Junior Resource Mining company listed on the
TSX-Venture Exchange (CUU). The company is involved in the exploration and
development of large copper/gold porphyry deposit located in north western
British Columbia at Schaft Creek.
ON BEHALF OF THE BOARD OF DIRECTORS
Guillermo Salazar S. P. Geol.
The TSX-Venture Exchange has not reviewed the contents of this news
release and accepts no responsibility for the adequacy or accuracy
thereof.
%SEDAR: 00020511E
