Mr. Elmer Stewart reports

COPPER FOX ANNOUNCES CHANGE TO FINANCIAL YEAR-END

Copper Fox Metals Inc. has elected to change its fiscal year-end from Oct. 31 to Dec. 31. This will align the company's fiscal year-end with that of the Schaft Creek joint venture (SCJV) and streamline financial and tax reporting with the calendar year. Teck Resources Ltd. holds a 75-per-cent interest in the SCJV and serves as operator while Copper Fox holds the remaining 25-per-cent interest.

The company has submitted a letter to the Canada Revenue Agency requesting approval of the change of financial year-end. A notice of change of financial year-end, which specifies the length and the start and end dates of the reporting periods, including comparative periods, for the interim and annual financial statements required during the company's transition year and under its proposed new fiscal year, has been filed on SEDAR+.

About Copper Fox Metals Inc.

Copper Fox is a Canadian resource company focused on copper development and exploration in the United States and Canada. Copper Fox and its subsidiaries own 100 per cent of the Van Dyke ISCR (in situ copper recovery) project (a development-stage, potential near-term, mid-size copper mine in Arizona) and a 25-per-cent interest in the Schaft Creek joint venture with Teck Resources Ltd. (75-per-cent interest and operator) (which hosts the Schaft Creek copper-gold-molybdenum-silver project in British Columbia's Golden Triangle). In addition, Copper Fox owns 100 per cent of the resource-stage Eaglehead polymetallic porphyry copper project in northwestern British Columbia and the Sombrero Butte and Mineral Mountain advanced-exploration-stage porphyry copper projects located in the prolific Laramide-age copper province in Arizona.

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