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White Fox Ventures, Inc. Announces $2.5M Investment Into NQ Minerals PLC and Defines Its Long Term Strategy to Create Shareholder Value
White Fox Ventures, Inc. Announces $2.5M Investment Into NQ Minerals PLC and Defines Its Long Term Strategy to Create Shareholder Value.
About this update from White Fox Ventures, Inc.
[{"type":"text","content":"\n \n \n White Fox Ventures, Inc. Announces $2.5M Investment Into NQ Minerals PLC and Defines Its Long Term Strategy to Create Shareholder Value\n \n \nWhite Fox Ventures, Inc. Announces $2.5M Investment Into NQ Minerals PLC and Defines Its Long Term Strategy to Create Shareholder Value\n \n NEW YORK, NY--(Marketwired - Aug 30, 2016) - White Fox Ventures, Inc. (OTCQB: AWAW) (\"White Fox\" or \"the Company\"), a U.S. publicly traded company, today announced that the Company has executed an agreement to invest $2,500,000 into NQ Minerals, PLC, an Australian mining company listed in London under the symbol of NQMI. Through this initial investment, White Fox definitively begins its strategy to both restore and create new shareholder value. The Company believes this to be a prudent investment and portrays management's confidence and commitment in today's global market for gold and silver as viable investment options, while at the same time significantly reinforcing its underlying balance sheet.\n White Fox Ventures, Inc. CEO, Mr. Nakano said, \"Gold is a safe and prudent harbor given current international economic trends. We believe NQ Minerals has a stellar management team with terrific experience and great track record. We are behind their strategy and we shall continue to explore joint venture opportunities.\"\n With this first of several considered investments, the Company has established and defined its long-term strategy of strategic investments and acquisitions to both restore and enhance shareholder value. The Company will continue to consider potential investments as the Board of Directors (\"Board\") deems prudent. Additionally, the Board has determined that its long-term business strategy will focus on potential acquisitions as the main driver of shareholder value. At this time, the Company is evaluating several sectors from which to consider prospective acquisitions. The Company also plans to enlarge its revenue generating academy business in Asia as the foundation to fund both balance sheet investments as well as other potential acquisitions currently contemplated.\n As previously announced, White Fox remains confident that its IP Application (\"academy application\") shall be available for direct downloading onto smartphones, such as: I-Phone, Android as well as IOS and Tablet devices, sometime during the 4th Quarter of...