CANADIAN GOLD CORP - STRRF STOCK NEWS

Canadian Gold Corp. (TSXV: CGC) announced the closing of the first tranche of its private placement offering, issuing 1,968,750 flow-through shares at $0.16 each, raising $315,000. The company paid $15,900 in finder's fees and insiders subscribed for 312,500 shares. The funds will support Canadian exploration projects, qualifying as Canadian Exploration Expenditures. At the recent annual and special meeting, shareholders approved all items, including the election of Michael Swistun, CFA, President and CEO, to the board of directors.

Canadian Gold Corp. (TSXV: CGC) announces the start of its Phase 3 exploration program at the Tartan Mine, near Flin Flon, Manitoba, in early July 2024. The focus will be on three key target areas: Hanging Wall Zone (HWZ), Main Zone (MZ) at depth, and South Zone (SZ). The HWZ, situated 10 meters from the MZ, has shown promising results with high gold grades. The MZ has expanded its mineralization by 72% vertically below the 2017 estimate, with significant gold intercepts. The SZ aims to enhance resource size and reduce production costs through extended drilling. These efforts could greatly impact the resource size and project economics of the Tartan Mine.

Canadian Gold Corp. (TSXV: CGC) has announced a non-brokered private placement offering aimed at raising up to $1,500,000. The financing will involve issuing flow-through common shares at $0.16 per share and non-flow-through common shares at $0.14 per share. The funds raised will primarily support exploration activities at the Tartan Lake Project in Flin Flon, Manitoba, and provide working capital.

The offering is subject to approval from the TSX Venture Exchange and other relevant regulators. Flow-through shares will qualify under the Income Tax Act (Canada) and will be offered to qualified purchasers across Canadian provinces under securities legislation exemptions. Securities issued will be subject to a four-month hold period, and eligible finders may receive a 6% finder's fee on the gross proceeds.

Canadian Gold Corp. announces successful results of Phase 2 drilling program at Tartan Mine, revealing high grade gold intersections, new trends, and mineralization expansion. Plans for Phase 3 Drill Program underway, with potential updates to mineral resource estimates.

Canadian Gold Corp appoints Michael Swistun as President and CEO, focusing on expanding the Tartan Gold Mine Project and other Canadian gold exploration assets. Swistun brings extensive executive management and capital markets experience, aiming to drive growth and exploration efforts.

Canadian Gold Corp. (TSXV: CGC) reports positive results from its Phase 2 Exploration Program at the Tartan Mine in Manitoba. High-grade gold mineralization was found in the Hanging Wall Zone and Main Zone, with significant gold grades exceeding historical data. The company aims to expand the resource and increase the contained gold per vertical meter. The Phase 2 drill program continues with promising intersections in the South Zone, targeting mineralization extension and resource growth.

Canadian Gold Corp. has engaged Velocity Trade Capital Ltd. to provide market-making services to the company in order to maintain an orderly market and improve share liquidity. Velocity Trade will receive a monthly fee of $5,000, and either party may terminate the contract after 60 days with a 30-day written notice. Velocity Trade is a private investment dealer registered in multiple provinces and internationally regulated. The engagement is subject to TSX Venture Exchange acceptance.

Canadian Gold Corp. (CGC) announces Phase 2 Drilling Resumes Targeting Main Zone, South Zone, and East Tartan VMS Prospect, with initial results showing significant high-grade gold mineralization expansion. The company plans to drill 4,000 meters, focusing on high-grade gold intersected at the Main Zone, extending mineralization in the South Zone, and exploring a promising VMS target.

Canadian Gold Corp. (TSXV: CGC) Announces 2023 Achievements and 2024 Exploration Plans