Canadian North Resources Inc. ) announces that, subject to acceptance by the TSX Venture Exchange, it proposes to amend the exercise price of options to purchase a total of 1,600,000 Common Shares from $2.45 to $1.70 per share, for options previously granted to consultants to the Corporation. About Canadian North Resources Canadian North Resources Inc. is an exploration and development company focusing on the critical [...]
Highlights A 172% increase of Indicated Mineral Resources to 66.1 million tonnes containing 1,093 million pounds copper at 0.75%, 678Mlb nickel at 0.47%, 79Mlb cobalt at 0.05%, 2.34 million ounces palladium at 1.10 g/t and 0.42Moz platinum at 0.19 g/t; 80% of the Indicated Mineral Resources is Open Pit with 52.7Mt at 0.65% Cu, 0.43% Ni, 0.05% Co, 0.97g/t Pd and 0.17% Pt; Inferred Mineral Resources of 25.9Mt containing [...]
Canadian North Resources Inc. ) announces the completion of the redemption of its outstanding purchase Warrants . The Warrants were issued in connection with the Company's offering of units completed prior to listing and expired on December 29, 2023. The Company has received total proceeds of $9,186,597 from the exercise of 6,124,398 warrants between January 1, 2023 and December 29, 2023. With the exercise of these [...]
Canadian North Resources Inc. ) is pleased to report the results from the processing of Borehole Time-Domain Electromagnetic surveys from deep West Zone drillholes FL22-481A and FL23-481B completed at its 100% owned Ferguson Lake Project in Nunavut, Canada. "The combination of the drilling and geophysical survey results confirms the continuing high grade prospectivity of the West Zone down-dip for over 200 metres at [...]
Canadian North Resources Inc. ) is pleased to announce that KRE Development Co. Ltd , the biggest shareholder of the Company has elected to exercise their warrants. KRE is an investment company registered in Ontario, Canada, owned by two Directors of the Company. KRE exercised 1,437,196 share purchase warrants for aggregate proceeds of $2,155,794. Warrants were issued in connection with the Company's offering of units [...]
Highlights: Three copper-nickel sulphide zones further extended along strike for: 200 m west of West Zone; 450 m of M-Zone, and 300 by 200 m of Anomaly-51 Zone; Two new sulphide zones confirmed: northeast extension of Anomaly-51 Zone and south of Central Zone. Significant massive to semi-massive sulphides and widened disseminated sulphide mineralized zones intersected: 15.0 metres grading 0.36%Ni, 0.48% Cu, 0.05% Co [...]
Canadian North Resources Inc. ) is pleased to announce the early exercise warrants ahead of the scheduled expiration of December 29, 2023. The total warrants currently exercised totals 1,183,334 share purchase warrants for aggregate proceeds of $1,775,001. The warrants were issued in connection with the Company's offering of units completed prior to listing. "We appreciate the confidence shown by our investors through [...]
Canadian North Resources Inc. ) is pleased to announce a non-deal set to take place in key cities across Canada. The roadshow will provide shareholders and potential investors with valuable insights into Canadian North Resources' flagship property, the Ferguson Lake project, upcoming initiatives, and the strategic vision for the project. Roadshow Details: - Toronto: November 7th and 8th, 2023 - Quebec City: November 13th [...]
Canadian North Resources Inc. ) announces that the Company has engaged Outside The Box Capital Inc. to perform market awareness and marketing services for an initial term of six months. The nature of the services to be provided by OTB include, but are not limited to, marketing services to communicate to the financial community information about the Company. In addition to a fee of $103,400, plus applicable taxes, the [...]
Highlights: Adding results of 39,270 meters in 145 holes of new diamond drilling to the project database for the completion of an updated Mineral Resources estimation. New Mineral Resource model to include both mineralization types and significant extensions of mineralized zones defined by the Company drilling to September 2023. SRK Consulting Inc. and Ronacher McKenzie Geosciences Inc. have been engaged for an [...]
Canadian North Resources Inc. ) is excited to announce the launch of its newly redesigned website, aimed at providing an enhanced online experience for its stakeholders, investors, and the broader public. The revamped website offers a modern, user-friendly interface that reflects the Company's commitment to innovation and sustainable resource exploration and development. With improved navigation, accessibility features [...]