Fox River Resources Corporation announced a non-brokered private placement of up to 7,500,000 common shares at a price of CAD 0.20 per share for aggregate gross proceeds of up to CAD 1,500,000 on February 16, 2023. The Company anticipates that officers and directors of the Corporation may participate in the Offering, up to a maximum of 10% of the number of common shares to be sold thereunder. Any securities to be issued in connection will be subject to a hold period of four months and one day from the date of issuance.

A finder's fee in cash or shares and non-transferable warrants may be paid to eligible finders in relation to the transaction, subject to compliance with the policies of the Canadian Securities Exchange and applicable securities legislation.