Fox River Resources (TSE:FOX) has released an update.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Fox River Resources has secured a $2.88 million strategic investment from a new investor, who now holds 9.9% of the company’s shares. The funds will be used to advance the Martison Phosphate Project in Ontario and support general corporate needs. This investment includes an agreement granting the investor certain rights pertaining to future equity financings and board nominations.
For further insights into TSE:FOX stock, check out TipRanks’ Stock Analysis page.