Canuc Resources Corp.

Canuc Resources Corp. is pleased to report on the positive confirmation results of a gold assay verification program conducted on lab reject samples from the Company's East Sudbury Project "ESP'. This assay verification program was undertaken in order to comprehensively check and confirm the significant number of gold assays which had been reported for the property over its history of more than 32,685 meters of drilling [...]

Canuc Resources Corp. is pleased to report on first steps of the geological property review that has been conducted on the MacDonald Mines Exploration SPJ Project east of Sudbury, Ontario, Canada. The Project is now within a wholly owned subsidiary of Canuc and is referred to as Canuc's East Sudbury Project "ESP". Canuc acquired 100% ownership of the ESP by purchasing MacDonald Mines on May 8th, 2025. East Sudbury Project [...]

Canuc Resources Corp. is pleased to announce that the Company's Board of Directors has established an Operating Conflicts Independent Review Committee for reviewing work initiatives relating to development of the Scadding Gold Mine. Background In November of 2022, MacDonald Mines Exploration Ltd. sold 63.9 hectares, including a gold tailings impound area, from the company's SPJ Project to Environmental Tailings [...]

Canuc Resources Corp. is pleased to announce that Mr. Kevin Olson has joined the Company's Board of Directors. Mr. Olson is an active member of the Society of Petroleum Engineers . He has more than two decades of experience driving technology and innovation in the oil and gas industry and has recently served as Director of Global Sales at Core Laboratories N.V., a reservoir optimization leader. In this role Kevin had [...]

Canuc Resources and MacDonald Mines Exploration are pleased to announce the completion of the previously announced arrangement whereby Canuc has acquired all of the issued and outstanding shares of Macdonald Mines, subject to delivery of post-closing documentation to TSXV and final TSXV acceptance. The Arrangement results in Canuc acquiring 100% of Macdonald Mines Shares and a successor entity to Macdonald Mines becoming [...]

Canuc Resources and Macdonald Mines Exploration announce a delay in the previously announced transaction whereby Canuc will acquire all of the shares of Macdonald Mines. The anticipated trading halt in respect of the Macdonald Mines shares on May 5, 2025 has not occurred. As a result, the closing date of the Transaction has been adjusted. In order to accommodate the closing and procedures thereof, the TSXV has requested [...]

Canuc Resources reports closing of the final tranche of a previously announced $3,200,000 CAD private placement financing for gross proceeds of $930,000 CAD. The closing of this final tranche of the Private Placement results in the issuance of 9,300,000 units. Each unit consists of one common share priced at $0.10 per Common Share, and one common share purchase warrant. Each Warrant entitles the holder to purchase one [...]

Canuc Resources announces that it is extending the final closing date of its previously announced non-brokered private placement financing. The new final closing date has been extended to May 21, 2025. Proceeds will be used for expenses associated with completing the acquisition of MacDonald Mines Exploration and for the exploration and development of the Company's new and existing exploration and development assets. The [...]

Canuc Resources announces closing of the first tranche of its previously announced private placement financing with gross proceeds of $2,270,000 and the issuance of 22,700,000 Units. Each Unit consists of one common share priced at $0.10 per share, and one common share purchase warrant. Each Warrant entitles the holder to purchase one additional Common Share at $0.15 for a period of two years from the final closing date [...]

Canuc Resources and Macdonald Mines would like to update shareholders of Macdonald Mines and provide certain supplemental information with respect to the previously announced transaction with Canuc. The Meeting The special meeting of Company Shareholders is scheduled to be held on March 31, 2025 at 10am to approve a statutory arrangement under section 192 of the Business Corporations Act which involves, among other [...]