- Canadian North Resources (CNRI) has increased its offering of flow-through common shares for gross proceeds up to $6,000,000
- The company will issue flow-through shares at a price of $2.70 per share
- The gross proceeds will be used to fund exploration activities targeting critical minerals on the Ferguson Lake project in Nunavut
- Canadian North Resources is a mining exploration and development company that owns an interest in the Ferguson Lake mining property in Nunavut
- Canadian North Resources Inc. (CNRI) opened trading at C$2.08
Canadian North Resources (CNRI) has increased its offering of flow-through common shares for gross proceeds up to $6,000,000.
The company will issue flow-through shares at a price of $2.70 per share.
The gross proceeds will be used to fund exploration activities targeting critical minerals on the Ferguson Lake project in Nunavut.
All securities issued are subject to a statutory four-month hold period, expiring on April 16, 2023.
Canadian North Resources is an exploration company focusing on the metals for clean-energy, electric vehicles, battery and high-tech industries. The corporation is advancing its 100 per cent owned Ferguson Lake nickel, copper, cobalt, palladium, and platinum project in Nunavut, Canada.
Canadian North Resources Inc. (CNRI) opened trading at C$2.08.