Capital Watch: Fox and Modena

FOX Resources is seeking to raise $A5.5 million to fund development of the bacterial heap leach operations at Radio Hill in the Pilbara region of Western Australia.

Capital Watch: Fox and Modena Capital Watch: Fox and Modena Capital Watch: Fox and Modena Capital Watch: Fox and Modena Capital Watch: Fox and Modena

The company has entered agreements to place 68.75 million shares at 8c per share, which represents an 8.3% premium to Fox’s 10-day volume weighted average price prior to entering the trading halt.

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