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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?

To: louel who wrote (9919)	3/11/2016 1:12:12 PM
From: explorationguy	3 Recommendations Recommended By LiveLife Panthergirl Theotokos Read Replies (1) \| Respond to of 10654

I haven't seen any press release indicating CUU sold the 29,342 shares in Liard which did not form part of the assets of the JV. More recently the JV approached Liard to purchase more shares and CUU's portion of the purchase fee was covered by Teck as per the JV. copperfoxmetals.mwnewsroom.com

To: louel who wrote (9919)	3/11/2016 1:40:01 PM
From: Theotokos	1 Recommendation Recommended By Panthergirl Read Replies (1) \| Respond to of 10654

I'll just reiterate what Exploration Guy notes: no money was exchanged for the Liard shares ... CF still owns the ones they owned before. I will add, however, that consolidation is common for companies wanting to raise funds (which point you made already), but also for those trying to attract a certain kind of investor - institutions generally don't invest in penny stocks, and so it's an advantage to have your share price north of one dollar if you are trying to attract institutional interest in your company.