Carmax Closes Private Placement with Northern Fox Copper Inc.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 25, 2014) - Carmax Mining Corp. (TSX VENTURE:CXM) ("Carmax" or the "Company") is pleased to announce that it has closed the private placement referred to in its news releases of July 21, 2014 and September 18, 2014 respectively consisting of 3,386,078 units subscribed for by Northern Fox Copper Inc. ("Northern Fox"), a wholly owned subsidiary of Copper Fox Metals Inc. (TSX VENTURE:CUU) which will enable Northern Fox to maintain a 42.09% interest in and to the issued and outstanding share capital of Carmax.