TORONTO, March 20, 2018 (GLOBE NEWSWIRE) — Fox River Resources Corporation (the “Company” or “Fox River”) (CSE:FOX) is pleased to announce the closing of the previously announced sale of 71 acres of land the Company owned in the City of Brandon, Manitoba for gross proceeds of $1,000,000 before transaction expenses. The proceeds of the sale have now been received by the Company, and the Company currently has an unaudited cash balance of approximately $1,250,000 with no significant liabilities.
ABOUT FOX RIVER
Fox River owns a 100% interest in the Martison Phosphate Project. Additional information can be found under Fox River’s profile on SEDAR, including the NI 43-101 Technical Report dated April 11, 2016.
For further information, please contact:
Stephen Case
Chief Executive Officer
Tel: (416) 972-9222