Canadian Gold Resources will sell up to 20 million units for $0.05 each to raise $1 million.

Nov 7, 2026, 9:23 AM ETNew sharesRead the original at newsfilecorp.com

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CAN plans a share-and-warrant sale to fund exploration, but the added shares and possible warrant shares balance the cash benefit. The sale still needs approval.

CAN · Canadian Gold Resources Ltd.

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The cash could help pay for sampling and exploration at its Quebec gold projects. But each unit includes a share and a warrant for another share, which can shrink current owners' portions. The sale still needs approval and may happen in stages, so its final size is not certain.

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