BRIEF

on Fox River Resources Corporation (CVE:FOX)

Fox River Finalizes Acquisition by Avenir Minerals Limited

Fox River Resources Corporation has completed its acquisition by Avenir Minerals Limited. As a result, Avenir acquired all outstanding common shares, excluding those already held by Avenir or its affiliates, paying $1.10 per share. Following this, the shares will be delisted from the Canadian Securities Exchange.

Fox River will no longer function as a reporting issuer under Canadian securities laws. Additional details are available in documents on SEDAR+ and Fox River's website. This move comes amidst various operational and economic uncertainties identified in prior disclosures, indicating a strategic decision aligning with anticipated economic benefits.

R. H.

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