- Canuc Resources Corporation (CDA) has closed a non-brokered private placement for gross proceeds of $680,000
- The company issued 8,500,000 units
- Proceeds will be used for 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) opened trading at C$0.06
Canuc Resources Corporation (CDA) has closed a non-brokered private placement for gross proceeds of $680,000.
The company issued 8,500,000 units. 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 common share at $0.25 for a period of two years.
Warrants are subject to an acceleration clause.
Proceeds will be used for exploration of the company’s San Javier Silver-Gold Project in Mexico and for developing the company’s MidTex Energy Assets in Texas.
One company insider acquired 240,000 units for $19,200.
Canuc is a junior resource company focusing on its San Javier Silver-Gold Project in Sonora State, Mexico.
Canuc Resources Corporation (CDA) opened trading at C$0.06.