11-08-2025
Fox River Announces Funding Award from the Critical Minerals Innovation Fund
TORONTO, Aug. 11, 2025 (GLOBE NEWSWIRE) — Fox River Resources Corporation (the 'Company' or 'Fox River') (CSE:FOX) is pleased to announce that the Ontario government has awarded funding through the Critical Minerals Innovation Fund of up to CAD$218,500 for work on the Company's Martison project. The award will be applied toward process test work to convert merchant grade phosphoric acid ('MGA') into purified phosphoric acid ('PPA') for use in the LFP battery supply chain.
Stephen Case, Chief Executive Officer of Fox River said, 'Martison is a high-grade, large-scale, igneous phosphate deposit capable of supplying a secure domestic supply of phosphate fertilizers for our farmers and PPA for the LFP battery supply chain. We are very pleased to be the recipients of this funding program and thank the Ontario government for supporting our efforts to develop a new source of critical minerals at Martison.'
