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Copper Fox Announces Executive Change

April 8, 2021

Calgary, Alberta–(Newsfile Corp. - April 8, 2021) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) (“Copper Fox” or the “Company”) is pleased to announce the appointment of Mr. Mark T. Brown as Chief Financial Officer (“CFO”) of the Company effective April 23, 2021.

Mr. Mark T. Brown, B.Comm., CPA, C.A., is the President of Pacific Opportunity Capital Ltd., located in Vancouver, British Columbia. Mr. Brown has played key roles in the success of several companies listed on the TSX-V, the TSX and the NYSE Market Exchanges. His corporate focus is merger and acquisition transactions, financing, strategic corporate planning, and corporate development. Prior to joining Pacific Opportunity, Mr. Brown managed the financial departments of two TSE 300 companies, Miramar Mining Corp., and Eldorado Gold Ltd. Mr. Brown has a Bachelor of Commerce from the University of British Columbia and qualified as a Chartered Accountant in 1993, while working with PricewaterhouseCoopers in Vancouver. Mr. Brown is married and has two sons. He lives in Vancouver and is very active in his community.

Elmer B. Stewart, President and CEO of Copper Fox stated, “We are pleased to have Mark join the management team of Copper Fox. Mark’s broad experience in the mineral industry will be instrumental in advancing Copper Fox’s corporate strategy as well as managing the financial functions of the Company. I also want to take this opportunity to thank Braden Jensen for all his efforts over the past five years and wish him success in his future endeavors.”

About Copper Fox

Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSXV: CUU) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. For more information on Copper Fox’s other mineral properties and investments visit the Company’s website at http://www.copperfoxmetals.com.

For additional information contact: Investor line 1-844-464-2820 or Lynn Ball, at 1-403-264-2820.

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.

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words “believes,” “may,” “plans,” “will,” “anticipates,” “intends,” “budgets”, “could”, “estimates”, “expects”, “forecasts”, “projects” and similar expressions, and the negative of such expressions.

Forward-looking information is based on management’s current expectations and beliefs and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking information in this news release include statements about Mr. Brown acting as CFO of the Company; and Mr. Brown being instrumental in advancing the corporate strategy and responsible for the financial functions of the Company. In connection with the forward-looking information contained in this news release, Copper Fox and its subsidiaries have made numerous assumptions regarding, among other things: Mr. Brown’s continued availability to serve as CFO of the Company. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause Copper Fox’s actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include: Mr. Brown may no longer be willing or able to serve as CFO of the Company; and Mr. Brown’s assigned responsibilities may change.

A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox’s continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/79721

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