Canuc Closes Private Placement

Canuc_07122020

Canuc Resources Corporation (“Canuc” or the “Company”) (TSX-V: CDA) (OTCQB: CNUCF) announces the closing of a non-brokered Private Placement for gross proceeds of $1,018,000 CAD. The closing of this Private Placement results in issuance of 4,072,000 Units. Each Unit consists of one common share (“Common Share”) priced at 25 cents and one half of one warrant (“Warrant”) of the Company. Each whole Warrant entitles the holder to purchase one additional Common Share at 35 cents for a period of two years from the closing of the Private Placement.

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