Canuc Resources Corporation: Canuc Closes Private Placement
Toronto, Ontario (Newsfile Corp. - December 23, 2020) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ( Canuc or the Company ) announces the closing of a non-brokered Private Placement for gross proceeds of $300,000 CAD. The closing of this Private Placement results in issuance of 1,200,000 Units. Each Unit consists of one common share ( Common Share ) priced at 25 cents and one half of one warrant ( Warrant ) of the Company. Each whole Warrant entitles the holder to purchase one additional Common Share at 35 cents for a period of two years from the closing of the Private Placement.
Each whole Warrant has an early exercise provision that allows the Company to trigger exercise of the Warrant when the 10-day average price of Common Shares traded on the TSX Venture Exchange exceeds $0.50 per share. 30 days after the trigger date, any unexercised warrants will be deemed to be null and void. All securities issued un
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Toronto, Ontario (Newsfile Corp. - December 23, 2020) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ( Canuc or the Company ) announces the closing of a non-brokered Private Placement for gross proceeds of $300,000 CAD. The closing of this Private Placement results in issuance of 1,200,000 Units. Each Unit consists of one common share ( Common Share ) priced at 25 cents and one half of one warrant ( Warrant ) of the Company. Each whole Warrant entitles the holder to purchase one additional Common Share at 35 cents for a period of two years from the closing of the Private Placement.
Each whole Warrant has an early exercise provision that allows the Company to trigger exercise of the Warrant when the 10-day average price of Common Shares traded on the TSX Venture Exchange exceeds $0.50 per share. 30 days after the trigger date, any unexercised warrants will be deemed to be null and void. All securities issued under this Private Placement will b
Canuc Resources Corporation: Canuc Welcomes Peter MacKay as a Special Advisor to the Company
Canuc or the
Company ) (TSXV: CDA) (OTCQB: CNUCF) is pleased to welcome the Honourable Peter MacKay as a special advisor to the Company.
Peter MacKay PC, QC (Privy Council and Queen s Counsel) is currently serving as a strategic advisor to both Deloitte Canada and McInnes Cooper LLP. He is a former Crown Prosecutor and has served as Canada s Federal Minister of Justice (Attorney General). Mr. MacKay s practice focuses on government enforcement proceedings and compliance matters, and he has provided strategic advice to Canadian companies doing business globally as well as to international companies doing business in Canada.