VANCOUVER, Aug. 30, 2013 /CNW/ - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU) announces a corporate reorganization.
Mr. Michael Smith, Executive Vice President, is retiring as an officer effective September 1, 2013. Mr. Smith is committed to remain an active member of the Board of Directors. Mr. Smith leaves the Company at a high point having accomplished the formation of a joint venture with Teck Resources Limited ("Teck").
Mr. Smith has been involved with Copper Fox since inception and the Company would like to take this opportunity to express their deepest appreciation and gratitude to Mr. Smith for his contributions to the Company. We look forward to our continuing relationship with Mr. Smith as a Director of the Company.
Mr. Cam Grundstrom, Vice President - Operations, and Mr. Shane Uren, Vice President - Environment & Permitting, are resigning as officers of Copper Fox effective September 1, 2013. The Company has benefited greatly from their expertise. Mr. Grundstrom and Mr. Uren intend to remain involved in Desert Fox Copper Inc. ("Desert Fox") on an as-required consultancy basis. The Company thanks them for their time with Copper Fox and looks forward to the future.
Mr. Elmer Stewart, President of Copper Fox stated "We are all grateful for the tremendous accomplishments of our executive team through the exploration and development of the Schaft Creek project and the formation of the Joint Venture with Teck. We are very happy with their decisions and motivation to remain involved with Desert Fox. I look forward to our continued success together as we concentrate on Desert Fox."
About Copper Fox
Copper Fox is a Canadian resource development company listed on the TSX-Venture Exchange (TSX-V: CUU) with offices in Calgary, Alberta and Vancouver, British Columbia. In addition to Copper Fox's interest in the Schaft Creek Joint Venture, Copper Fox holds, through Desert Fox and its wholly-owned subsidiaries, mineral tenures located in Pinal County, Arizona (the 'Sombrero Butte Copper Project') and in Miami, Arizona (the 'Van Dyke Copper Project').
On behalf of the Board of Directors
Elmer B. Stewart
President and Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Copper Fox Metals Inc.
For further information:
Investor line 1-866-913-1910 or Elmer B. Stewart at 1-604-689-5080
