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Fox Tungsten Ltd.
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Vancouver, British Columbia – TheNewswire - May 4, 2026, - Fox Tungsten Ltd. (TSXV: FOXT) (“ Fox Tungsten ” or the “ Company ”) is deeply saddened to announce the passing of former Chief Executive Officer, Michael “Mike” Cathro, who passed away on April 22, 2026, in Kamloops, British Columbia, following a courageous battle with cancer. Mike played an important role in advancing the Company's strategic vision and fostering a strong technical foundation. He will be remembered for his integrity, thoughtful leadership, and dedication.
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) earlier this week reported the successful completion of a bought deal financing, raising just over $12 million to advance its flagship tungsten project in southern British Columbia, with CEO Stephen Gray highlighting the raise as a significant milestone for the company. Proactive: Welcome back inside our Proactive newsroom.
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) earlier this week reported the successful completion of a bought deal financing, raising just over $12...
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) said on Thursday it has completed a previously announced bought deal private placement, raising gross proceeds of about C$12.7 million to fund exploration and general corporate activities. The offering consisted of 6.1 million hard dollar units priced at C$0.165 each and 48.9 million charity flow-through units priced at C$0.24 apiece, including a partial exercise of the underwriters' over-allotment option.
Toronto, Ontario – TheNewswire - April 23, 2026 – Fox Tungsten Ltd. (“Fox Tungsten” or the “Company”) (TSXV: FOXT) is pleased to announce that it has completed its previously announced “bought deal” private placement offering consisting of an aggregate of (i) 6,100,000 hard dollar units of the Company (the “Hard Dollar Units”) at a price of C$0.165 per Hard Dollar Unit (the “Hard Dollar Unit Issue Price”) and, (ii) 48,875,000 charity flow-through units of the Company (the “Charity FT Units”) at a price of C$0.24 per Charity FT Unit (the “Charity FT Unit Issue Price”), including partial exercise of the underwriter's over-allotment option of 6,875,000 Charity FT Units, for aggregate gross proceeds of C$12,736,500 (the “Offering”). The Hard Dollar Units and the Charity FT Units will be referred to herein as the “Offered Securities”. The Offering was conducted by Stifel Canada as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters including PowerOne Capital Markets Limited and Canaccord Genuity Corp. (collectively, the “Underwriters”). In consideration for the services provided by the Underwriters, the Company paid the Underwriters an aggregate cash commission of C$823,845.91. As additional consideration for their services, the Underwriters were also issued an aggregate of 3,566,128 broker warrants (the “Broker Warrants”). Each Broker Warrant is exercisable into one common share of the Company at a price of C$0.165 per share until April 23, 2029.
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) said on Monday it has appointed two new directors to its board. Mark Wellings joins the board as the nominee of Waratah Capital Advisors, an investment fund with the contractual right to name a replacement following the March 24 resignation of Grant McAdam.
Vancouver, British Columbia – TheNewswire - April 13, 2026, - Fox Tungsten Ltd. (TSXV: FOXT) (“ Fox Tungsten ” or the “ Company ”) announces that following the resignation of Grant McAdam from the Company's Board of Directors on March 24, 2026, investment funds managed by Waratah Capital Advisors Ltd. (“Waratah”) have exercised their right to nominate a replacement director. Waratah has nominated Mark Wellings as its representative on the Board, and Mr. Wellings has been appointed as a director of the Company, effective April 13, 2026. Mr. Wellings is a finance professional with over 30 years of international experience in both the mining industry and mining finance sector. Until its recent acquisition by Altius Minerals Corporation, Mr. Wellings was Vice Chair and the Executive Vice President, Technical at Lithium Royalty Corp. Mr. Wellings is a Professional Engineer and holds a Bachelor of Applied Science in Geological Engineering from the University of Windsor and a Master of Business Administration from the University of Western Ontario.
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) Ltd CEO Stephen Gray talked with Proactive about the company's successful $11 million bought deal financing and how it positions the company to accelerate work at the Fox Project. Gray explained that the funding provides strong backing from existing investors, including cornerstone shareholders Waratah and PowerOne, who continue to support the company and maintain significant ownership.
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) Ltd CEO Stephen Gray talked with Proactive about the company’s successful $11 million bought deal...
Vancouver, British Columbia - March 24, 2026 - TheNewswire - Fox Tungsten Ltd. (TSXV: FOXT) (“ Fox Tungsten ” or the “ Company ”) announces that Grant McAdam has resigned from the Company's Board of Directors. Investment funds managed by Waratah Capital Advisors Ltd. (“ Waratah ”) have indicated an intention to participate in the offering, as previously disclosed in the Company's news release dated March 24, 2026, on a pro rata basis. As a result of Canadian securities law requirements which prohibit registered advisers such as Waratah from investing in an issuer when one of its investment team members serves as an officer or director of the issuer, Grant McAdam has resigned from the board of directors of the Company, effective immediately. However, Waratah has confirmed that it intends to exercise its right to nominate a replacement to the board of the Company.
Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) announced it has entered into an agreement with Stifel Nicolaus Canada, acting as co-lead underwriter alongside PowerOne Capital Markets Limited and as sole bookrunner, in connection with a bought deal private placement expected to raise approximately C$11.1 million in gross proceeds. Fox Tungsten said it intends to use the net proceeds from the hard dollar units to advance exploration at its Fox Tungsten Project, in British Columbia, Canada, as well as for other exploration initiatives, working capital, and general corporate purposes.
