Copper Fox Metals Inc.

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM Copper Fox Metals is a Canadian-based resource company focused on developing the world-class Schaft Creek Project in northwestern British Columbia.

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Re: Question for the board

over 11 years ago

in response to sydneyb's message

Teck can acquire 10% (~40M shares) without any disclosure. Once over 10% they have 10 days to file their position on sedi. If they go over 20% they become a control block. Not sure if CUU has a shareholder rights plan but if they do then acquiring any shares over 20% would require an offer to all shareholders otherwise they can only buy 2% at a time and need to disclose each time they cross that 2% threshold.