Canuc Resources Corp(Pre-Merger)
Company Overview
Canuc Resources Corporation is an Ontario-incorporated company, engaged in the acquisition, exploration, development, and extraction of natural resources, primarily focusing on precious metals. Through its subsidiaries, the company operates the San Javier Project in Sonora, Mexico, which involves exploring prospective silver-lead-gold properties, though it currently has no NI 43-101 compliant resources. Additionally, Canuc holds natural gas interests in Texas, U.S.A. via its Midtex Oil & Gas Corporation subsidiary, and an oil exploration property in Saskatchewan, Canada, through Full Circle Energy Ltd.
Latest News
Canuc Begins Drilling at East Sudbury Project (ESP)
Canuc Resources begins drilling on its East Sudbury Project, focusing on gold prospects, including high-grade zones near old mine workings, with plans for at least 15 holes.
Canuc Completes Gold Assay Verification Program at ESP
Canuc Resources confirmed gold assay accuracy from historic samples at their East Sudbury Project, enhancing data reliability after verifying reports from previous drilling programs.
Canuc Reports on MacDonald Mines Acquisition
Canuc Resources acquired the East Sudbury Project in May 2025, covering 197 km² with extensive drill data, aiming to explore mineral potential near Sudbury, Ontario.
Canuc Establishes Independent Review Committee for Scadding Gold Mine
Canuc Resources establishes an independent review committee for its Scadding Gold Mine project, ensuring good governance as it explores restarting operations and processing tailings.
Canuc Acquires MacDonald Mines
Canuc Resources acquires Macdonald Mines, gaining assets in Canada and Mexico, with potential for new discoveries using AI and exploring legacy mining sites.
Canuc Resources Corp. and Macdonald Mines Exploration Inc. Announce Revised Closing Date Regarding Proposed Acquisition Transaction
Canuc's acquisition of Macdonald Mines delayed; Macdonald to delist from TSXV, closing expected around May 7, 2025. Macdonald focuses on mineral exploration in Ontario.
Canuc Announces Extension of Final Closing Date for Private Placement
<img height="2" id="306" src="https://api.newsfilecorp.com/newsinfo/249077/306" style="width: 1px; height: 1px; border: 0px solid;" width="2" /><p>Toronto, Ontario--(Newsfile Corp. - April 21, 2025) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ("Canuc" or the …
Canuc Closes Private Placement Tranche
Canuc Resources Corporation has closed the first tranche of a private placement financing, raising $2.27 million from the sale of 22.7 million units at $0.10 each. Proceeds will fund the …
Canuc Resources Corp. and Macdonald Mines Exploration Inc. Provide Time Sensitive and Critical Supplemental Information to Special Meeting Information Circular Regarding Proposed Acquisition Transaction
Canuc Resources Corporation and Macdonald Mines Exploration Inc. are updating shareholders on a special meeting scheduled for March 31, 2025, to approve a transaction involving Canuc acquiring Macdonald Mines. Additional …
Canuc Announces Terms of a Private Placement Financing
Canuc Resources Corporation announces a non-brokered private placement financing as part of its agreement to acquire MacDonald Mines Exploration Inc. The financing aims to raise at least $500,000 CAD by …
Canuc Resources Corp. Announces Arrangement Agreement to Acquire Macdonald Mines Exploration Inc.
Canuc Resources Corporation will acquire Macdonald Mines Exploration Inc. through a definitive arrangement agreement, involving a share exchange. Canuc will issue 72 million shares to Macdonald shareholders, who will then …
Canuc Announces LOI with Macdonald Mines Exploration Inc.
Canuc Resources Corporation has signed a letter of intent to acquire all shares of Macdonald Mines Exploration Inc. for 72 million common shares. This acquisition aims to enhance Canuc's portfolio …
Analysis
No analysis found.
Coody Morales Lease
At June 30, 2025, the Company's oil and gas properties consisted of the Coody Morales Lease, a 100% working interest (80% net revenue interest) in an oil and gas lease. …
San Javier Project
The Company's exploration project, the San Javier Project in the State of Sonora, Mexico, involves assembling and exploring certain mineral lands containing known showings and old workings on silver lead …
Saskatchewan Project
The Company, through its wholly owned subsidiary Full Circle Energy, is currently in the exploration phase of an oil reserve in Saskatchewan Canada (the "Saskatchewan Project"). Through interpretation of preliminary …
Texas Oil and Gas prospect leases
The Company had purchased between a 15% and 20% working interest (12% and 16% net revenue interest), in several oil and gas leases located in Stephens and Shackelford Counties, Texas, …
Thompson Lease
A 20% working interest (16% net revenue interest) in an oil and gas lease and five producing gas wells. The Thompson leases are part of the US reportable segment.
Executive Team
Filings data not yet available.
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