Canuc Announces Vertical Amalgamation


Toronto, Ontario–(Newsfile Corp. – January 30, 2018) – Canuc Resources Corporation (TSXV: CDA)  (“Canuc” or the “Company“) is pleased to announce that it has completed a vertical amalgamation (the “Vertical Amalgamation“) with its wholly-owned subsidiary, Santa Rosa Silver Mining Corporation, pursuant to subsection 177 of the Business Corporations Act (Ontario). The Vertical Amalgamation did not require shareholder approval and was completed to simplify the corporate structure of Canuc. No securities were issued in connection with the vertical amalgamation. The shares of the subsidiary were cancelled without any repayment of capital in respect of them

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