Canadian North Resources Inc. announces further to its News Releases of July 27, 2023, August 2, 2023 and September 1, 2023 in relation to its non-brokered private placement of common shares on a flow-through basis pursuant to the Income Tax Act , of which 1,031,425 Flow-Through Shares were issued at a price of $2.70 per share for gross proceeds of [...]
Canadian North Resources Inc. ) announces further to its News Releases of July 27, 2023 and August 2, 2023 that closing of the second tranche of the private placement of common shares issuable on a flow-through basis pursuant to the Income Tax Act at a price of $2.877 per share has been extended for not later than Wednesday, September 13, 2023 [...]
Highlights: 5 drill rigs have been operating to complete the planned 20,000-meter drill program in 2023 Completed resource definition drilling of the extensions of West Zone and East Zone on Ferguson Lake Made significant technical achievements by expanding the mineralized horizons by over 2,700 meters Intersected near-surface massive sulphide [...]
Canadian North Resources Inc. ) is pleased to announce that it has received the first installment of $125,000 of the $250,000 grant it has been awarded from the Government of Nunavut's Discover, Invest, Grow program in support of its ongoing 2023 exploration program. This grant comes on the heels of the $250,000 received in two installments in May [...]
Canadian North Resources Inc. ) announces, further to its news release issued July 27, 2023, the closing of the first tranche of its non-brokered private placement of 1,082,621 common shares on a flow-through basis pursuant to the Income Tax Act at a price of $2.877 per share for gross proceeds of $3,114,700.62 . Finder's fees in relation to the [...]
Canadian North Resources Inc. announces the closing of its non-brokered private placement of common shares on a flow-through basis pursuant to the Income Tax Act , of which 1,031,425 Flow-Through Shares were issued at a price of $2.70 per share for gross proceeds of $2,784,847.50 . Finder's fees in relation to the Flow-through Offering has been [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]