CNRI

Canadian North Resources Receives $2,155,797 from Early Exercise of Warrants from Major Shareholders

Retrieved on: 
Wednesday, July 5, 2023
Exercise, Ferguson Lake, FSE, CNRI, KRE, Security (finance)

KRE is an investment company registered in Ontario, Canada, owned by two Directors of the Company.

Key Points: 
  • KRE is an investment company registered in Ontario, Canada, owned by two Directors of the Company.
  • KRE exercised 1,437,198 share purchase warrants (each a "Warrant" to purchase one share at $1.50) for aggregate proceeds of $2,155,797 on June 30, 2023.
  • "We are delighted to announce the early exercise of warrants," said Dr. Kaihui Yang, President, and CEO of the Company.
  • "This demonstrates the continued confidence and support from the major shareholders.

Canadian North Resources Receives DTC Eligibility, Unlocking New Opportunities for Investors

Retrieved on: 
Monday, June 26, 2023
DTC, FSE, CNRI, Depository Trust Company, FICC, Security (finance)

The DTC eligibility allows the Company’s common shares to be electronically cleared and settled through the Depository Trust Company, which simplifies the trading process and broadens the Company's investor base to entire North America.

Key Points: 
  • The DTC eligibility allows the Company’s common shares to be electronically cleared and settled through the Depository Trust Company, which simplifies the trading process and broadens the Company's investor base to entire North America.
  • As a result, investors can now trade the Company’s shares seamlessly through their brokerage accounts, facilitating faster and more secure transactions.
  • With the ease of electronic trading, the Company expects to attract a wider range of institutional and individual investors, further increasing its shareholder base.
  • "This achievement will not only streamline the trading process for our existing shareholders but also create opportunities for new investors in the United States to participate in our growth story.

Canadian North Resources Inc. Starts the Summer Phase of its 20,000-meter Drill Program at the Ferguson Lake Nickel, Copper, Cobalt, Palladium and Platinum Project in Nunavut, Canada

Retrieved on: 
Thursday, June 15, 2023
CNRI, Technical report, Bangladesh Petroleum Exploration and Production Company Limited, Platinum, FSE, Palladium, National instrument, Nickel, PGE, Copper, Cobalt, News, Lithium, Oil, Uranium mining, Ferguson Lake

A fourth drill will be added to the program soon in late June to test targets outside the main horizon.

Key Points: 
  • A fourth drill will be added to the program soon in late June to test targets outside the main horizon.
  • This drill program is designed to expand and upgrade the near-surface mineral resources at the Ferguson Lake project.”
    The Ferguson Lake project contains base metals (nickel, copper, cobalt) and platinum-group metals (“PGM”, mainly palladium and platinum), as well as potentially lithium minerals, along a 15-km-long main mineralized horizon and numerous additional prospective areas.
  • The assay results for the drill holes completed in the spring of 2023 are pending.
  • The technical contents of this news release have been reviewed by Dr. Trevor Boyd, P.Geo., a qualified person as defined by Canadian National Instrument 43-101 standards.

Canadian North Resources Announces the Voting Results of the Annual and Special Meeting of Shareholders

Retrieved on: 
Wednesday, June 7, 2023
Shareholder, CNRI, FSE, Special, Annual general meeting, Holding company, Security (finance)

TORONTO, June 07, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI; OTCQX: CNRSF; FSE:EO0, which is “E-O-zero”) is pleased to announce the voting results for election of its Board of Directors at its Annual and Special Meeting of Shareholders held on June 5, 2023 in Mississauga, Ontario.

Key Points: 
  • TORONTO, June 07, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI; OTCQX: CNRSF; FSE:EO0, which is “E-O-zero”) is pleased to announce the voting results for election of its Board of Directors at its Annual and Special Meeting of Shareholders held on June 5, 2023 in Mississauga, Ontario.
  • A total of 66,847,257 common shares were voted at the Meeting, representing 63.49% of the common shares outstanding.
  • The director nominees as listed in the Management Information Circular dated May 1, 2023, which was filed on sedar.com, were elected as directors of the Company at the meeting to serve until the next Annual General Meeting or until their successors are elected or appointed.
  • In addition, the appointment of auditors as well as the Company’s Stock Option Plan were approved.

Canadian North Resources Inc. Announces Financial Results for the First Quarter Ended March 31, 2023

Retrieved on: 
Wednesday, May 31, 2023
PGM, Gossan, Discovery Program, CNRI, Central Zone, Tigray, Technical report, Central Zone, Platinum, FSE, Transport, Palladium, Government, Ice, Gold, Discovery, National instrument, Nickel, Mining, SEDAR, Economic development, Copper, Cobalt, News, Lithium, Kaminak Lake, Ferguson Lake

TORONTO, May 31, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report the financial results for the first quarter ended March 31, 2023.

Key Points: 
  • TORONTO, May 31, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report the financial results for the first quarter ended March 31, 2023.
  • Figure 2, Five new targets identified in the exploration claims (156.9km2) outside the mining leases (96.9km2) of the Ferguson Lake Project.
  • The results expanded the mineralized zones totally for 1,500 meters outside the block model for the updated mineral resources estimates filed on June 13, 2022.
  • • For the quarter ended March 31, 2023, the Company reported a net loss of $335,735 or $0.00 per share.

Canadian North Resources Announces the Completion of its Spring 2023 Diamond Drilling Program on its 100% Owned Ferguson Lake Project in Canada

Retrieved on: 
Monday, May 29, 2023
CNRI, Technical report, Central Zone, Resource, Platinum, Palladium, Ice, Data, National instrument, Nickel, Copper, Cobalt, News, Road, Exploration, Ferguson Lake

TORONTO, May 29, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI) is pleased to announce it has completed its spring diamond drilling program on ice consisting of 6,151 metres in 21 holes for its 100% owned Ferguson Lake base metal (nickel, copper, cobalt) and platinum group metal (“PGM”, mainly palladium and platinum, project in Nunavut, Canada.

Key Points: 
  • TORONTO, May 29, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI) is pleased to announce it has completed its spring diamond drilling program on ice consisting of 6,151 metres in 21 holes for its 100% owned Ferguson Lake base metal (nickel, copper, cobalt) and platinum group metal (“PGM”, mainly palladium and platinum, project in Nunavut, Canada.
  • It will be followed up with additional drill testing during the summer using a nearby island as a platform.”
    Figure 1 Massive sulfides intersected in Hole FL23-504 at Ferguson Lake Project.
  • The Company has now temporarily paused drilling for the spring break-up of the ice on Ferguson Lake and for the caribou migration to pass through the property.
  • The technical contents of this news release have been reviewed by Dr. Trevor Boyd, P.Geo., a qualified person as defined by Canadian National Instrument 43-101 standards.

Canadian North Resources Awarded $250,000 Nunavut's Discovery Program Grant for Exploration Project

Retrieved on: 
Tuesday, May 16, 2023
Discovery Program, CNRI, FSE, Transport, DIG, Consultant, Government, Rankin Inlet, Discovery, National instrument, Economic development, Kivalliq Region, News, Lithium, Pharmaceutical industry, Mining, Ferguson Lake

TORONTO, May 16, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. ("the Company," TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce that it has been awarded a $250,000 grant from the Government of Nunavut's Discover, Invest, Grow ("DIG") program.

Key Points: 
  • TORONTO, May 16, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. ("the Company," TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce that it has been awarded a $250,000 grant from the Government of Nunavut's Discover, Invest, Grow ("DIG") program.
  • "We are thrilled to have been awarded this grant from Nunavut's Discovery Department of Economic Development and Transportation," said Dr. Kaihui Yang, President and CEO of the Company.
  • "It is an honor and a recognition of the exploration achievements to-date for the Ferguson Lake project," added Dr. Yang.
  • "The support from Nunavut's Discovery Program further validates our commitment to responsible exploration practices and strengthens our relationship with the local community and government."

Canadian North Resources: Exploring the Ferguson Lake Project in Nunavut, CEO Clips Video

Retrieved on: 
Friday, May 12, 2023
Eye, CNRI, Mining, Lithium, Oil

Vancouver, British Columbia--(Newsfile Corp. - May 12, 2023) - Canadian North Resources Inc. (TSXV: CNRI) - Canadian North Resources is advancing their Ferguson Lake Project in Nunavut with a 20,000 metre drill program this year.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - May 12, 2023) - Canadian North Resources Inc. (TSXV: CNRI) - Canadian North Resources is advancing their Ferguson Lake Project in Nunavut with a 20,000 metre drill program this year.
  • They plan to assess the lithium potential of the property in addition to its other clean energy minerals.
  • The company is focusing on domestic exploration and recognizes the importance of sourcing green metals closer to home.
  • Investors interested in mining and domestic investment opportunities should keep an eye on Canadian North Resources.

OTC Markets Group Welcomes Canadian North Resources Inc. to OTCQX

Retrieved on: 
Wednesday, May 10, 2023
OTCQX, PLLC, FSE, CNRI, Security (finance)

NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Canadian North Resources Inc. (TSX-V: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)), a Canadian mining company, has qualified to trade on the OTCQX® Best Market.

Key Points: 
  • NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Canadian North Resources Inc. (TSX-V: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)), a Canadian mining company, has qualified to trade on the OTCQX® Best Market.
  • Canadian North Resources Inc. upgraded to OTCQX from the Pink® market.
  • Canadian North Resources Inc. begins trading today on OTCQX under the symbol “CNRSF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .
  • Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.

Canadian North Resources Begins Trading on OTCQX Under the Symbol “CNRSF”

Retrieved on: 
Wednesday, May 10, 2023
CNRI, Technical report, Platinum, FSE, Palladium, OTCQX, Copper, Cobalt, Financial adviser, Mining, Ferguson Lake

TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. ("the Company," TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce that the Company has qualified to trade on the OTCQX® Best Market and begins trading on OTCQX under the symbol “CNRSF”.

Key Points: 
  • TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. ("the Company," TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce that the Company has qualified to trade on the OTCQX® Best Market and begins trading on OTCQX under the symbol “CNRSF”.
  • U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com .
  • Qualification for OTCQX requires the Company to meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
  • "This marks an important step forward for the Company as we continue to expand our reach and engage with investors in North America."