Bullboard - Stock Discussion Forum Canuc Resources Corp V.CDA

Alternate Symbol(s): CNUCF

Energy Oil & Gas E&P

Canuc Resources Corporation is a junior resource company. The Company is engaged in the exploration and evaluation of properties for the mining of precious and base metals and the development of oil and gas properties. The Company is focusing on its San Javier Silver-Gold Project in Sonora State, Mexico. The Company’s San Javier Silver-Gold Project consists of approximately 27 contiguous... see more

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Canuc Resources Corp > Canua Closes Private Placement

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Post by stanley on Feb 14, 2020 4:15pm

Canua Closes Private Placement

Toronto, Ontario--(Newsfile Corp. - February 14, 2020) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") announces the closing of a non-brokered Private Placement for gross proceeds of $850,000. The closing of this Private Placement results in issuance of 8,500,000 Units. Each Unit consist of one common share ("Common Share") priced at 10 cents and one half of one warrant ("Warrant"). Each Warrant entitles the holder to purchase one additional Common Share at 15 cents for a period of two years from the closing of the Private Placement.

Closing of this Private Placement is subject to final approval by the TSX Venture Exchange

GLATAL-GLAP
Cheers

NOTE: PR does not say what the money is to be used for (1) Javier drilling or (2) Internet of Things