Buchans Announces $500,000 Insider Private Placement Financing

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Toronto, Ontario--(Newsfile Corp. - December 29, 2021) - Buchans Resources Limited (the "Company" or "Buchans"), announces that it has completed a private placement financing of $500,000 through the issue of 2,500,000 flow-through shares of the Company at a price of $0.20 per flow through share.