• Canuc Resources Corporation (CDA) has closed a non-brokered private placement for gross proceeds of $270,000
  • Canuc Resources issued 1,800,000 units
  • Each unit consists of one common share priced at $0.15 per share and one-half of one common share purchase warrant
  • Proceeds will be used to fund exploration on its San Javier Silver-Gold Project
  • Canuc is a junior resource company focused on its San Javier Silver-Gold Project in Sonora State, Mexico
  • Canuc Resources Corporation opened trading at $0.09

Canuc Resources Corporation (CDA) has closed a non-brokered private placement for gross proceeds of $270,000.

Canuc Resources issued 1,800,000 units.

Each unit consists of one common share priced at $0.15 per share and one-half of one common share purchase warrant.

Each whole warrant entitles the holder to purchase one additional common share at $0.25 for a period of two years.

Warrants are subject to an acceleration clause.

Proceeds will be used to fund exploration on the its San Javier Silver-Gold Project.

Canuc is a junior resource company focused on its San Javier Silver-Gold Project in Sonora State, Mexico.

Canuc Resources Corporation opened trading at $0.09.

More From The Market Online

Critical raw materials pioneer drives Europe’s clean energy transition

Leading Edge Materials Corp. (TSXV:LEM) offers an exciting proposition as it stands at the forefront of the critical raw materials sector.

Microcap rare earths stock sees positive sampling results

Defense Metals Corp. (TSXV:DEFN) receives positive results from Ucore Rare Metals (TSXV:UCU) on its Wicheeda rare earth carbonate sample.

Pan American Energy reveals results from Big Mack project

Pan American Energy (CSE:PNRG) reveals assay results from its 2023-2024 diamond drill project at the Big Mack Lithium Project in Ontario.
Mandalay Resources - Mandalay's Björkdal gold mine in Sweden.

This profitable gold stock is on its way up

An attractive stock to consider under a gold-equity dislocation thesis is Mandalay Resources, whose mines are profitable and 100%-owned.