Canadian Gold Resources plans C$100,000 private placement at C$0.06/share to directors

Reuters2026/09/01 20:42

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Canadian Gold Resources plans a non-brokered private placement of up to 1,666,667 common shares at CAD 0.06 each.
Gross proceeds expected at about CAD 100,000; shares to be issued to two directors.
Funds earmarked for general working capital.
Placement classified as a related-party transaction under MI 61-101; company expects an exemption from valuation and minority approval.
Securities carry a four-month-and-one-day hold; closing remains subject to TSX Venture Exchange acceptance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canadian Gold Resources Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609011642NEWSFILECNPR____20260901_312465_1) on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Canadian Gold Resources plans C$100,000 private placement at C$0.06/share to directors

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