Canadian North Resources Inc. An error in a previous news release is announced
TORONTO (ON) / ACCESSWIRE/ January 13, 2023 Canadian North Resources Inc. (“the “Corporation“” (TSX:V:CNRI; FO0:EO0) announces that it has added to the December 22, 2022 news release (“December 22”)nd News Release”: There was an error in the publication of the number and type of common shares it issued for the second tranche of their offering.Flow-Through Stocks“) on a flow through basis pursuant to Income Tax Act (Canada). The December 22nd report indicates the number of Flow Through Shares.nd The News Release contained 218,520 Flow Through Shares. It should have been referred to as 429.520 Flow Through Shares.. The Flow-Through Offer raised $4,841,704.80 in gross proceeds.
About Canadian North Resources Inc.
Canadian North Resources Inc. is a Canadian exploration and development firm that focuses on the metals needed for clean-energy, high-tech industries, and electric vehicles. The Corporation is working to advance its 100%-owned Ferguson Lake Nickel, Copper, Cobalt, Palladium and Platinum project in Nunavut (Canada).
Forward-Looking Statements
Certain forward-looking information is contained in the information and statements included in this news release. These forward-looking statements relate to future events and the Corporation’s future performance. This document includes forward-looking statements and information regarding the use of proceeds from the Flow-Through Offer. Any statements other than statements of historical facts may be considered forward-looking information. Forward-looking information is subjected to uncertainties and risks. These forward-looking statements may be affected by assumptions that could result in actual results that differ from those predicted or implied. This includes the assumption that future costs or expenses and historical costs will be comparable to those of the proceeds. Actual results, performance, or achievements of the Corporation could differ materially to those implied or expressed by such forward-looking statements. Accordingly, it is impossible to guarantee that any of these events will occur or that benefits will be derived from them. This cautionary statement is an express qualification of forward-looking statements made by the Corporation. The Corporation is not required to update or revise forward-looking information except as required by law.
Neither the TSX Venture Exchange nor its REGULATION SERVICE PROVIDER (as defined in the policies) ACCEPTS RESPONSIBILITY IN THE ACCURACY AND ADEQUACY THIS RELEASE.
Contact us for more information:
Dr. Kaihui Yang, President and CEO
Phone: 905-696-8288 (Canada) 1-888-688-8809 (Toll-Free)
SOURCE: Canadian North Resources Inc.
Accesswire.com:
https://www.accesswire.com/735227/CORRECTION-Canadian-North-Resources-Inc-Announces-Error-in-Prior-News-Release