Canuc Closes Private Placement Tranche
Canuc Resources (TSXV: CDA) (OTCQB: CNUCF) has completed the first tranche of its previously announced private placement financing, raising $2,270,000 through the issuance of 22,700,000 Units. Each Unit, priced at $0.10, comprises one common share and one warrant.
The warrants allow holders to purchase additional common shares at $0.15 each within two years of the final closing date. Securities are subject to a 4-month and one-day hold period. The funds will support the MacDonald Mines Exploration acquisition and development of new and existing exploration assets. The placement awaits final TSX Venture Exchange acceptance.
Canuc Resources (TSXV: CDA) (OTCQB: CNUCF) ha completato il primo tranche della sua precedente offerta di finanziamento privato, raccogliendo $2.270.000 attraverso l'emissione di 22.700.000 Unità. Ogni Unità, a un prezzo di $0,10, comprende un'azione ordinaria e un warrant.
I warrant consentono ai detentori di acquistare ulteriori azioni ordinarie a $0,15 ciascuna entro due anni dalla data di chiusura finale. I titoli sono soggetti a un periodo di blocco di 4 mesi e un giorno. I fondi supporteranno l'
Canuc Resources (TSXV: CDA) (OTCQB: CNUCF) ha completado la primera tranche de su financiamiento privado previamente anunciado, recaudando $2,270,000 a través de la emisión de 22,700,000 Unidades. Cada Unidad, con un precio de $0.10, consta de una acción ordinaria y un warrant.
Los warrants permiten a los tenedores comprar acciones ordinarias adicionales a $0.15 cada una dentro de los dos años posteriores a la fecha de cierre final. Los valores están sujetos a un período de retención de 4 meses y un día. Los fondos apoyarán la adquisición de MacDonald Mines Exploration y el desarrollo de nuevos y existentes activos de exploración. La colocación espera la aceptación final de TSX Venture Exchange.
Canuc Resources (TSXV: CDA) (OTCQB: CNUCF)는 이전에 발표된 사모 자금 조달의 첫 번째 트랜치를 완료하고 $2,270,000를 22,700,000 유닛의 발행을 통해 모금했습니다. 각 유닛은 $0.10에 가격이 책정되며, 하나의 보통주와 하나의 워런트로 구성됩니다.
워런트는 보유자가 최종 마감일로부터 2년 이내에 $0.15에 추가 보통주를 구매할 수 있도록 허용합니다. 증권은 4개월 및 하루의 보유 기간이 적용됩니다. 자금은 MacDonald Mines Exploration의 인수 및 새로운 탐사 자산과 기존 탐사 자산의 개발을 지원할 것입니다. 이 자금 조달은 TSX Venture Exchange의 최종 승인을 기다리고 있습니다.
Canuc Resources (TSXV: CDA) (OTCQB: CNUCF) a complété la première tranche de son placement privé précédemment annoncé, levant 2 270 000 $ par l'émission de 22 700 000 unités. Chaque unité, au prix de 0,10 $, se compose d'une action ordinaire et d'un warrant.
Les warrants permettent aux détenteurs d'acheter des actions ordinaires supplémentaires à 0,15 $ chacune dans les deux ans suivant la date de clôture finale. Les titres sont soumis à une période de blocage de 4 mois et un jour. Les fonds soutiendront l'acquisition de MacDonald Mines Exploration et le développement de nouveaux actifs d'exploration ainsi que des actifs existants. Le placement attend l'acceptation finale de la TSX Venture Exchange.
Canuc Resources (TSXV: CDA) (OTCQB: CNUCF) hat die erste Tranche seiner zuvor angekündigten Privatplatzierung abgeschlossen und $2.270.000 durch die Ausgabe von 22.700.000 Einheiten gesammelt. Jede Einheit, die zu einem Preis von $0,10 angeboten wird, besteht aus einer Stammaktie und einem Warrant.
Die Warrants ermöglichen es den Inhabern, innerhalb von zwei Jahren nach dem endgültigen Abschlussdatum zusätzliche Stammaktien zu einem Preis von $0,15 zu erwerben. Die Wertpapiere unterliegen einer Haltefrist von 4 Monaten und einem Tag. Die Mittel werden die Akquisition von MacDonald Mines Exploration und die Entwicklung neuer sowie bestehender Explorationsressourcen unterstützen. Die Platzierung wartet auf die endgültige Genehmigung der TSX Venture Exchange.
- Successful capital raise of $2.27 million through private placement
- Strategic acquisition funding secured for MacDonald Mines Exploration
- Warrant structure provides potential additional future funding at $0.15 per share
- Dilution of existing shareholders through issuance of 22.7 million new units
- Additional dilution possible if warrants are exercised
Toronto, Ontario--(Newsfile Corp. - April 1, 2025) - Canuc Resources Corporation. (TSXV: CDA) (OTCQB: CNUCF) ("Canuc" or the "Company") announces closing of the first tranche of its previously announced private placement financing (see press releases March 26, 2025, March 7, 2025, and February 13, 2025) with gross proceeds of
Proceeds will be used for expenses associated with completing the acquisition of MacDonald Mines Exploration Ltd. and for the exploration and development of the Company's new and existing exploration and development assets.
The private placement is subject to final acceptance by the TSX Venture Exchange.
About MacDonald Mines Exploration Ltd.
Founded in 1935, MacDonald Mines Exploration Ltd. is a mineral exploration company focused on the evaluation, acquisition, and development of precious and critical metals properties in Ontario. The company's flagship project, the
The SPJ Project encompasses several centers of critical and precious metal mineralization interpreted to be related to a mineral system that can form IOCG and affiliated critical and precious mineral deposits. Included within the Project is the historical Scadding Gold Mine and associated gold mineralized system and gold bearing tailings. Minerals of interest on SPJ include copper (Cu), gold (Au), cobalt (Co), nickel (Ni) and rare earth elements (REE). MacDonald Mines Exploration Ltd. is committed to responsible and sustainable operations, prioritizing environmental stewardship, safety, and community engagement.
About Canuc
Founded in 1952, Canuc Resources Corporation is a junior resource company focusing on the San Javier Silver-Gold Project in Sonora State, Mexico. The San Javier Silver-Gold Project evidences silver, gold and copper mineralization interpreted to be related to a mineral system that can form silver dominant IOCG and affiliated deposits. The Company also generates cash flow from natural gas production at its MidTex Energy Project located in Central West Texas, USA where Canuc has an interest in eight (8) producing natural gas wells and has rights for further in field developments.
For further information please contact:
Canuc Resources Corporation
Chris Berlet: (416) 525 - 6869
cberlet@canucresources.ca
Forward-Looking Information
This news release contains forward-looking information. All information, other than information of historical fact, constitute "forward-looking statements" and includes any information that addresses activities, events or developments that each of Canuc and/or MacDonald Mines (collectively, the "Corporations") believes, expects or anticipates will or may occur in the future including the Corporations respective strategy, plans or future financial or operating performance, and including statements regarding the completion of or the benefits of the Transaction and the Arrangement.
When used in this news release, the words "estimate", "project", "anticipate", "expect", "intend", "believe", "hope", "may" and similar expressions, as well as "will", "shall" and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include. Factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporations respective annual financial statements, MD&A and other publicly filed documents.
The Corporations caution that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. There is Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporations do not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246879
FAQ
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