Canuc Announces Final Payment on El Tule 1 Claim
Toronto, Ontario--(Newsfile Corp. - October 8, 2019) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce that it has completed its final payment to Minerales y Carbones de México SA de CV for the El Tule 1 claim. The agreement to purchase the claim was made in October 2017, and the claim purchase has expanded the Company's San Javier project area by 151.14 ha. (373.47 acres).Canuc now holds 17 contiguous claims along the San...
2019-10-08 1:08 PM EDT
Canuc Announces Production Testing 15-34 Well
Toronto, Ontario--(Newsfile Corp. - February 7, 2019) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") provides a technical update for the 15-34 well drilled in Southwest Saskatchewan, and a development update for the MidTex Energy Project in West Texas. The Company has now completed production testing of the primary zone at its 15-34 well at Knollys in Southwest Saskatchewan. The completion of this well increases the Company's total land ownership to 6.5 sections. The Company also has rights...
2019-02-07 9:00 AM EST
Canuc Receives Final Approval for Acquisition and Provides Drilling Update
Toronto, Ontario--(Newsfile Corp. - November 2, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce that it has received final approval from the TSX Venture Exchange (the "Exchange") for the previously announced acquisition of Full Circle Energy Ltd. ("Full Circle"). On October 31st, 2018 the Company received a letter from the Exchange granting final approval for the acquisition. The Company has caused a wholly-owned subsidiary to amalgamate with Full Circle. The amalgamated entity will...
2018-11-02 1:45 PM EDT
Canuc Receives Conditional Approval for Acquisition of Full Circle Energy Ltd.
Toronto, Ontario--(Newsfile Corp. - October 16, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the "Exchange") for the previously announced acquisition of Circle Energy Ltd. ("Full Circle"). On October 15th, 2018 the Company received a letter from the Exchange providing approval for the acquisition, conditional on provision of: final executed copies of the material contracts and agreements from the Company, and...
2018-10-16 8:55 AM EDT
Canuc Enters Into Definitive Agreement With Full Circle Energy Ltd.
Toronto, Ontario--(Newsfile Corp. - September 26, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") and Full Circle Energy Ltd. ("Full Circle") are pleased to announce that further to the execution of the Letter of Intent announced on May 17, 2018 and the subsequent negotiation of a business combination agreement (the "Definitive Agreement"), the parties have executed the Definitive Agreement on September 25, 2018, with effect as of such date, to combine Canuc and Full Circle by way...
2018-09-26 2:07 PM EDT
Canuc Refiles Q1 2018 Interim Financial Statements; No Impact on Financial Figures
Toronto, Ontario--(Newsfile Corp. - August 21, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") announced today that it has refiled its unaudited interim financial statements for the period ended March 31, 2018 in order to change the comparative periods on the financial statements. This refiling has no impact on current or prior financial figures. This filing is being made at the request of the Ontario Securities Commission pursuant to a review by OSC staff. See below for...
2018-08-21 2:00 PM EDT
Canuc Provides Exploration Update for San Javier
Toronto, Ontario--(Newsfile Corp. - May 22, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to provide an update on exploration at the San Javier Project.Samples taken from the northeast portion of the San Javier mineralized corridor (SRMC) returned high grade silver results of up to 625 g/t Ag over 1.5 metres from breccias at the Chiripas workings. Chiripas is located some 3,000 metres northeast of the Santa Rosa mine workings (see Figure 1). The...
2018-05-22 9:00 AM EDT
Canuc Announces LOI for Acquisition of Oil Assets
Toronto, Ontario--(Newsfile Corp. - May 17, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to advise that it has signed a letter of intent (LOI) to acquire Full Circle Energy Ltd. ("Full Circle"), an Ontario Corporation. Full Circle's principal corporate assets consist of 6 sections of undeveloped oil prospective acreage in southwest Saskatchewan, and a Farmin agreement that references a further 6.3 contiguous sections of adjacent land (see Figure 1).Full Circle's Farmin agreement considers drilling...
2018-05-17 9:00 AM EDT
Canuc Provides Management Update
Toronto, Ontario--(Newsfile Corp. - May 7, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to provide a management update. Mr. Artie Li CPA, CA has been appointed to the position of Chief Financial Officer for the Company, and Ms. Khadijah Samnani has been appointed to the position of Corporate Secretary.Artie Hao Li CPA, CA is a Chartered Professional Accountant and has half a decade of corporate accounting experience gained with Ernst & Young LLP. Mr....
2018-05-07 2:25 PM EDT
Canuc Closes Private Placement
Toronto, Ontario--(Newsfile Corp. - March 5, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") announces that it has closed a non-brokered private placement financing with gross proceeds of $1,105,000 resulting in the issue of 4,420,000 units ("Units") at a price of $0.25 per Unit.Each Unit consists of one common share ("Common Share") of Canuc and one-half of one warrant to purchase one Common Share. Each whole warrant ("Warrant") entitles the holder to purchase one additional Common Share at a...
2018-03-05 9:43 AM EST
Canuc Plans Another Gas Well on the Thompson Lease in West Texas
Toronto, Ontario--(Newsfile Corp. - February 14, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce plans for drilling another gas well on the Thompson lease in Stevens County, West Texas. The Company currently has 6 producing gas wells on the Thompson lease, and there are a number of offset locations which can be drilled.Wells drilled on the Thompson lease have identified 3 productive horizons. Decline rates for natural gas production in the lowest and first productive...
2018-02-14 9:00 AM EST
Canuc Reports 10 Metres of 210 g/t Silver & 5.0 g/t Gold at Carranza-Lydia Zones
Toronto, Ontario--(Newsfile Corp. - February 8, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce initial results from a recently completed surface rock sampling program conducted at the Carranza and Lydia zones on the Company's San Javier project, Sonora, Mexico.Mapping and sampling at the Lydia zone has identified a wide breccia zone up to 40 m across and trending NE-SW with a moderate southeasterly dip. Two lines of surface rock samples, located 40 m...
2018-02-08 9:00 AM EST
Canuc Announces Vertical Amalgamation
Toronto, Ontario--(Newsfile Corp. - January 30, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce that it has completed a vertical amalgamation (the "Vertical Amalgamation") with its wholly-owned subsidiary, Santa Rosa Silver Mining Corporation, pursuant to subsection 177 of the Business Corporations Act (Ontario). The Vertical Amalgamation did not require shareholder approval and was completed to simplify the corporate structure of Canuc. No securities were issued in connection with the vertical amalgamation. The shares of...
2018-01-30 9:00 AM EST
Canuc Announces Breccia Discovery
Toronto, Ontario--(Newsfile Corp. - January 9, 2018) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to provide an update on exploration at the San Javier Silver-Gold Project in Sonora State, Mexico.Several breccia targets have been exposed and sampled between Carranza ("Carranza Breccia") to the SW and the Little Pit to the NE, a distance of over 1,500 meters. The Company has more than 400 samples in the laboratory, and complete results are expected by early February.Recent...
2018-01-09 9:00 AM EST
Canuc Closes Private Placement
Toronto, Ontario--(Newsfile Corp. - November 27, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") announces that it has closed a non-brokered private placement financing with gross proceeds of $464,934, resulting in the issue of 1,162,335 units ("Units") at a price of $0.40 per Unit.Each Unit consists of one common share ("Common Share") of Canuc and one-half of one warrant to purchase one Common Share. Each whole warrant ("Warrant") entitles the holder to purchase one additional Common Share...
2017-11-27 9:00 AM EST
Canuc Announces Strategic Title Acquisition and Breccia Targets
Toronto, Ontario--(Newsfile Corp. - October 24, 2017) - Canuc Resources Corporation ("Canuc" or the "Company") (TSXV: CDA) is pleased to announce that the Company has entered into a definitive agreement (the "Agreement") to acquire title to a mining concession which has an area of 151.1443 hectares (the "Concession") from Minerales y Carbones de México S.A. de C.V. ("Carbones").The Agreement calls for Carbones to transfer title to the Concession for total consideration of US$100,000 (the "Purchase Price"). The Purchase Price will...
2017-10-24 8:00 AM EDT
Canuc Samples High Grade Underground and Confirms Mineralized Breccia on Surface
Toronto, Ontario--(Newsfile Corp. - October 12, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") reports high grade silver and gold assays from recent sampling of underground workings and from the Carranza breccia zones exposed on surface, nearby.A 3-D modeling exercise indicates a concentration of higher grade silver and gold results in underground workings either side of a north-south fault that cross cuts the Santa Rosa mine workings. A program of check sampling was recently carried out to...
2017-10-12 9:00 AM EDT
Canuc Announces Drill Hole 3 Intersects High-Grade Silver 1,514 g/t (50 oz. /ton)
Toronto, Ontario--(Newsfile Corp. - October 4, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") announces that drill hole SJ17-003 has intersected high-grade silver with meaningful gold, lead and zinc credits. Drill hole number 3 intersected the Santa Rosa vein (SRV) in two separate splays. The lower splay, from 138.77 to 140.25 meters, averaged 1,514 g/t (50 oz. /ton) silver, 2.91 g/t gold, 4.18% lead and 5.6% zinc over 1.48 m. The upper splay, from 128.5 to 128.87 m, averaged...
2017-10-04 9:00 AM EDT
Canuc Resources Corporation Announces First Drill Results at San Javier
Toronto, Ontario--(Newsfile Corp. - September 12, 2017) - Canuc Resources Corporation (TSXV: CDA) announces initial results from the Phase I drill program being conducted on the Company's San Javier Silver-Gold Project in Sonora State, Mexico. A total of 7 holes have been drilled, testing the Santa Rosa vein (SRV) over a strike length of 430 m northeast-southwest. The SRV has been confirmed in all holes for a current strike length of 430 m and is open to the northeast, southwest...
2017-09-12 9:00 AM EDT
Canuc Resources Corporation: Drilling Starts at San Javier Silver-Gold Project
Toronto, Ontario--(Newsfile Corp. - July 6, 2017) - Canuc Resources Corporation (TSXV: CDA) ("Canuc" or the "Company") is pleased to announce the start of drilling at the San Javier Silver-Gold Project in Sonora, Mexico. The first of 9 drill holes from a proposed 3,000 metre drill program has been started at the historic Santa Rosa Silver-Gold mine near the southwest end of the San Javier Mineralized Corridor (SJMC). The first two holes are planned to test the depth extension of...
2017-07-06 9:00 AM EDT