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  • 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.


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