Canadian North Resources Inc. ) is pleased to report the assay results for the 6,151 metres in 21 holes of diamond drilling completed during the spring at its 100% owned Ferguson Lake Project in Nunavut, Canada. The Ferguson Lake project contains base metals and platinum-group metals , as well as potentially lithium minerals, along a 15-km-long main mineralized horizon and numerous additional prospective areas [...]
Canadian North Resources Inc. ) is pleased to announce that Director and Chairman of the Company, Mr. Lee Shim purchased 100,000 shares of the Company's common stock in the open market at a price of $2.20 per share. Complete details are available at SEDI.ca. This investment further reinforces Mr. Shim's confidence in the Company's growth potential and commitment to its long-term success. About Canadian North Resources [...]
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 ahead of the scheduled expiration of December 31, 2023. KRE is an investment company registered in Ontario, Canada, owned by two Directors of the Company. KRE exercised 1,437,198 share purchase warrants for aggregate proceeds of $2,155,797 on June 30, 2023 [...]
Canadian North Resources Inc. ) is pleased to announce that the Company has been granted Depository Trust Company eligibility, a significant milestone that will enhance the accessibility and efficiency of the Company's shares for investors in the United States. The DTC eligibility allows the Company's common shares to be electronically cleared and settled through the Depository Trust Company, which simplifies the trading [...]
Canadian North Resources Inc. ) is pleased to announce that the Company has re-started diamond drilling at its 100% owned Ferguson Lake Project in Nunavut, Canada after a three week pause for regional caribou migration and after completing the first 6,151 metres of drilling on Ferguson Lake during the spring. "The Company is continuing its planned 20,000-metre drill program in 2023, based on the results of the exploration [...]
Canadian North Resources Inc. is pleased to announce the voting results for election of its Board of Directors at its Annual and Special Meeting of Shareholders held on June 5, 2023 in Mississauga, Ontario. A total of 66,847,257 common shares were voted at the Meeting, representing 63.49% of the common shares outstanding. The director nominees as listed in the Management Information Circular dated May 1, 2023, which was [...]
Canadian North Resources Inc. ) is pleased to report the financial results for the first quarter ended March 31, 2023. "Based on the results of the 18,144 meter drilling completed in 2022, we have commenced a new 20,000-meter drilling program at our 100% owned Ferguson Lake nickel, copper, cobalt, palladium and platinum project during the past quarter," said Dr. Kaihui Yang, the President & CEO of the Company. "We [...]
Canadian North Resources Inc. is pleased to announce it has completed its spring diamond drilling program on ice consisting of 6,151 metres in 21 holes for its 100% owned Ferguson Lake base metal and platinum group metal of the main horizon in 17 out of the 21 holes and successfully intersected a second parallel trending disseminated sulphide zone approximately 200 metres south of the Central Zone," said Dr. Trevor Boyd [...]
Canadian North Resources Inc. ) is pleased to announce that it has been awarded a $250,000 grant from the Government of Nunavut's Discover, Invest, Grow program. The Company has received an initial contribution of $125,000, and an additional $125,000 is expected upon the submission of an exploration report, which was completed by the end of April. The Nunavut Department of Economic Development and Transportation supports [...]
Canadian North Resources Inc. ) is pleased to announce that the Company has qualified to trade on the OTCQX® Best Market and begins trading on OTCQX under the symbol "CNRSF". U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com. Qualification for OTCQX requires the Company to meet high financial standards, follow best practice corporate governance and [...]
Canadian North Resources Inc. ) is pleased to announce that it has entered into an investor relations agreement with Paradox Public Relations Inc. , dated May 5, 2023, to access the investment community proprietary database and contracts maintained by Paradox for marketing purposes and organize physical or online road shows/presentations with interested parties, including financial advisors, bankers, institutional sales [...]
Canadian North Resources Inc. ) is pleased to announce the financial results for the year ended December 31, 2022. "Canadian North Resources has accomplished a lot since it successfully listed on TSX Venture Exchange last year." said Dr. Kaihui Yang, the President & CEO, " The Company raised over $32 million for exploration; updated and confirmed a high-grade and enlarged mineral resource of base metal and PGM at its 100 [...]