Canuc Resources Corp. announces that it is extending the final closing date of its previously announced non-brokered private placement financing . The new final closing date has been extended to May 21, 2025. Proceeds will be used for expenses associated with completing the acquisition of MacDonald Mines Exploration Ltd. and for the exploration and development of the Company's new and existing exploration and development [...]
Canuc Resources announces closing of the first tranche of its previously announced private placement financing with gross proceeds of $2,270,000 and the issuance of 22,700,000 Units. Each Unit consists of one common share priced at $0.10 per share, and one common share purchase warrant. Each Warrant entitles the holder to purchase one additional Common Share at $0.15 for a period of two years from the final closing date [...]
Canuc Resources and Macdonald Mines would like to update shareholders of Macdonald Mines and provide certain supplemental information with respect to the previously announced transaction with Canuc. The Meeting The special meeting of Company Shareholders is scheduled to be held on March 31, 2025 at 10am to approve a statutory arrangement under section 192 of the Business Corporations Act which involves, among other [...]
Canuc Resources announces terms of a non-brokered private placement financing which is a condition of the Arrangement Agreement with MacDonald Mines Exploration. On Feb 13th, 2025, Canuc and MacDonald Mines announced terms of an Arrangement Agreement whereby Canuc will purchase all outstanding shares of MacDonald Mines. Under the terms of the Arrangement Agreement Canuc is also required to complete equity financing for a [...]
Macdonald Mines Exploration and Canuc Resources are pleased to announce, further to their respective press releases dated Dec 3, 2024, they have entered into a definitive arrangement agreement pursuant to which Canuc will acquire all of the issued and outstanding shares of Macdonald Mines. The Transaction is to be completed by way of a plan of arrangement under the provisions of the Canada Business Corporations Act. The [...]
Canuc Resources is pleased to announce that it has signed a LOI with Macdonald Mines Exploration, whereby Canuc will acquire all issued and outstanding shares of Macdonald Mines. Under the terms of the LOI, Canuc Resources Corporation will issue 72,000,000 common shares of Canuc to the shareholders of Macdonald Mines as consideration for the acquisition. The LOI is in place until April 30, 2025. The transaction represents [...]
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