Arctic Fox Minerals Corp. Announces Special Meeting of Shareholders to Propose a Share Consolidation
22 Leader Lane, Suite 409
Toronto, Ontario
M5E 0B2
ARCTIC FOX MINERALS CORP. ANNOUNCES SPECIAL MEETING OF
SHAREHOLDERS TO PROPOSE A SHARE CONSOLIDATION
Vancouver, British Columbia – January 18, 2023 – Arctic Fox Min erals Corp. (CSE: FOXY)
(the “Company” or “Arctic Fox”) announces that it will hold a Special Meeting of Shareholders ( the
“Special Meeting”) on February 23, 2023. The Company has set a Record Date for the Special Meeting
of January 19, 2023.
The purpose of the Special Meeting is to seek authorization from the Company’s shareholders to
enable the Board of Directors (the “Board”) to consider a consolidation of all of the Company’s issued
and outstanding common shares (“ Common Shares”) at a ratio of one post‐consolidation share for
every ten pre‐consolidation shares (the “ Consolidation”). There will be no fracti onal shares issued as
a result of the Consolidation.
Any authority of the Board to consolidate the shares is conditional upon the prior approval of the
Company’s shareholders. Additional information, including the time and instructions for virtually
accessing and voting at the Spe cial Meeting will be provided at a later date. Further, a Management
Information Circular for the upcoming Special Meeting will be mailed to shareholders and filed by the
Company on SEDAR.
About the Company
A r c t i c F o x i s a r e s o u r c e e x p l o r a t i o n c o m p a n y s p e c i a l i z e d i n p r ecious metals exploration in the
Northwest Territories. Arctic Fox is currently advancing the Uptown Gold Project property four (4) km
outside of Yellowknife adjacent to the Giant Mine.
On Behalf of the Board of Directors
Milos Masnikosa
Interim CEO and Director of Arctic Fox Minerals Corp.
FORWARD LOOKING INFORMATION
Certain statements in this news release are forward‐looking statements, including with respect to future plans, and other matters.
Forward‐looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such informati on can generally be identified by the use of forwarding‐looking
wording such as "may", "expect", "estimate", "anticipate", "int end", "believe" and "continue" or the negative thereof or simil ar
variations. The reader is cautioned that assumptions used in the preparation of any forward‐looking information may prove to be
incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but
not limited to, business, economic and capital market condition s, the ability to manage operating expenses, and dependence on
key personnel. Such statements and information are based on numerous assumptions regarding present and future business
strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals.
Factors that could cause the actual results to differ materiall y from those in forward‐looking statements include, the continu ed
availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of k e y
employees and consultants, and general economic, market or business conditions. Forward‐looking statements contained in this
22 Leader Lane, Suite 409
Toronto, Ontario
M5E 0B2
news release are expressly qualif ied by this cautionary stateme nt. The reader is cautioned not to place undue reliance on any
forward‐looking information.
The forward‐looking statements contained in this news release a re made as of the date of this news release. Except as required
by law, the Company disclaims any intention and assumes no obli gation to update or revise any forward‐looking statements,
whether as a result of new information, future events or otherwise.
The Canadian Securities Exchange has not reviewed this press re lease and does not accept responsibility for the adequacy or
accuracy of this news release.