- Canuc Resources Corporation (CDA) has closed a non-brokered private placement for gross proceeds of $450,000
- The company has issued 3,000,000 units priced at C$0.15
- Proceeds will be used for the exploration of the company’s San Javier Silver-Gold Project
- Canuc is a junior resource company focusing on its San Javier Silver-Gold Project in Sonora State, Mexico
- Canuc Resources Corporation (CDA) is down 4.55 per cent on the day, trading at C$0.105 per share at 3:40 pm ET
Canuc Resources Corporation (CDA) has closed a non-brokered private placement for gross proceeds of $450,000.
The company has issued 3,000,000 units priced at C$0.15. Each unit consists of one common share and one half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one additional share at a price of $0.35 for a period of two years.
Warrants are subject to an acceleration clause.
All securities issued are subject to a four-month hold period.
Proceeds will be used for the exploration of the company’s San Javier Silver-Gold Project.
Final closing is subject to acceptance and approval by the TSX Venture Exchange.
Canuc is a junior resource company focusing on its San Javier Silver-Gold Project in Sonora State, Mexico.
Canuc Resources Corporation (CDA) is down 4.55 per cent on the day, trading at C$0.105 per share at 3:40 pm ET.
