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Canagold Founder and Former Chairman, Bradford Cooke Passes Away

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Canagold Resources Ltd. (OTCQB:CRCUF) announced the passing of its founder and former chairman, Mr. Bradford Cooke, on August 19, 2022. Mr. Cooke founded the company in 1987, serving as CEO until 2014 and as chairman until July 2022. Under his leadership, Canagold focused on gold mining projects in the Americas. Cooke had a notable career in mineral exploration, founding Endeavour Silver Corp. and serving as chairman of Aztec Minerals Corp. The company extends condolences to his family and friends.

Positive
  • Canagold is focused on advancing the New Polaris Project through feasibility and permitting.
  • The company aims to grow its assets base through future acquisitions of advanced projects.
  • Access to a team of technical experts may unlock significant value for shareholders.
Negative
  • The passing of Mr. Bradford Cooke may create uncertainty in leadership during a transitional phase.

VANCOUVER, BC / ACCESSWIRE / August 19, 2022 / Canagold Resources Ltd. (TSX:CCM)(OTCQB:CRCUF)(Frankfurt:CANA) (the "Company" or "Canagold") is saddened by the passing of its founder and former chairman, Mr. Bradford Cooke.

Mr. Cooke founded Canagold Resources Ltd. in 1987 and served as its chief executive officer until 2014 and as its chairman until July 2022. He focused on financing and managing the exploration and development of gold mining projects in North, Central and South America.

He began his career as project geologist in 1976 managing mineral exploration programs looking for uranium, base metals and precious metals across Canada for Noranda Mines, Shell Minerals and Chevron Minerals from 1976 to 1982. From 1983 to 1987, he owned and operated Cooke Geological Consultants, which found and developed several gold vein deposits for clients and effectively reactivated interest in the Bralorne gold district in British Columbia.

Mr. Cooke formed Endeavour Silver Corp. together with Godfrey Walton in 2003 for the purpose of acquiring and developing high-grade silver-gold projects in Mexico. Since that time, the company has acquired, rebuilt and expanded four silver mines and made a significant discovery with potential to become Endeavour's next cornerstone mine. He has been independent chairman of Aztec Minerals Corp. since January 2017.

The Company wishes to extend its deepest condolences to his family and friends.

About Canagold

Canagold Resources Ltd. is a growth-oriented gold exploration company focused on advancing the New Polaris Project through feasibility and permitting. Canagold is also seeking to grow its assets base through future acquisitions of additional advanced projects. Canagold has access to a team of technical experts that can help unlock significant value for all Canagold shareholders.

On behalf of the Board of Directors

"Catalin Kilofliski"

Catalin Kilofliski
Chief Executive Officer

For further information please contact:

Knox Henderson, VP Corporate Development
Toll Free: 1-877-684-9700; Tel: (604) 604-416-0337; Cell: (604) 551-2360
Email: knox@canagoldresources.com
Website: www.canagoldresources.com

SOURCE: Canagold Resources Ltd.



View source version on accesswire.com:
https://www.accesswire.com/712908/Canagold-Founder-and-Former-Chairman-Bradford-Cooke-Passes-Away

FAQ

What happened to Bradford Cooke, the founder of Canagold Resources?

Bradford Cooke, the founder and former chairman of Canagold Resources Ltd., passed away on August 19, 2022.

What are Canagold Resources' future plans after the passing of its founder?

Canagold Resources plans to focus on advancing the New Polaris Project and growing its assets base through new acquisitions.

What is the stock symbol for Canagold Resources?

The stock symbol for Canagold Resources is CRCUF, traded on the OTCQB.

Who is the current CEO of Canagold Resources?

Catalin Kilofliski is the current CEO of Canagold Resources Ltd.

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