Copper Fox (CVE:CUU) reported today on progress with the private placement annouced June 2, 2009. The first and second tranches have closed and the public portion of the placement is fully subscribed. Also, the Personal Information Form filed by Ernesto Echavarria has been accepted and cleared. Mr. Echavarria intends to purchase $5 million of CUU’s $6 million placement, making him the largest and a controlling shareholder.
Copper
