Canagold Announces Results of its Annual General Meeting of Shareholders
Canagold Announces Results of its Annual General Meeting of Shareholders
Vancouver, Canada – June 24, 2021 – Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt:
CAN) announces the voting results from its Annual General Meeting held on June 21, 2021 in Vancouver,
British Columbia. Shareholders voted in f avour of all items of business including the re -election of five
existing directors.
Voting results for directors were as follows:
Directors Votes For Votes Withheld
Bradford Cooke 16,010,866 (99.67%) 53,000 (0.33%)
Scott Eldridge 16,011,366 (99.67%) 52,500 (0.33%)
Andrew Bowering 11,674,626 (72.68%) 4,389,240 (27.32%)
Martin Burian 16,011,366 (99.67%) 52,500 (0.33%)
Deepak Malhotra 16,011,366 (99.67%) 52,500 (0.33%)
The shareholders also voted in favour of fixing the number of directors at five and re-appointing Smythe
LLP as its auditors . The Company granted 3,600,000 s tock option to directors, management and
employees with an exercise price of CAD$0.50 for a period of 5 years as an incentive to build value for the
Company.
"Scott Eldridge”
____________________
Scott Eldridge, Chief Executive Officer
CANAGOLD RESOURCES LTD.
About Canagold - Canagold Resources Ltd. is a growth -oriented gold exploration company focused on
generating superior shareholder returns by discovering, exploring and developing strategic gold deposits in
North America. Canagold shares trade on the TSX: CCM and the OTCQB: CRCUF.
For More Information - Please contact: Scott Eldridge, CEO
Toll Free: 1-877-684-9700 Tel: (604) 685-9700 Cell: (604) 722-5381
Email: [email protected] Website: www.canagoldresources.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains “forward -looking statements” within the meaning of the United States private securities litigation
reform act of 1995 and “forward -looking information” within the meaning of applicable Canadian securities legislation.
Statements contained in this news release that are not historical facts are forward -looking information that involves known and
unknown risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements with
respect to the future performance of Canagold, and the Company's plans and exploration programs for its mineral properties,
including the timing of such plans and programs. In certain cases, forward-looking statements can be identified by the use of words
such as " plans", "has proven", "expects" or "does not expect", "is expected", "potential", "appears", "budget", "scheduled",
CANAGOLD RESOURCES LTD.
810-625 Howe Street
Vancouver, BC V6C 2T6
T: 604.685.9700
F: 604.6685 -9744
www. canagold resources .com
CCM: TSX
CRCUF: OTCQ B
"estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and
phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" o r
"be achieved".
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially different from any future results, performance or achievements
expressed or implied by the forward -looking statements. Such risks and other factors include, among others risks relat ed to the
uncertainties inherent in the estimation of mineral resources; commodity prices; changes in general economic conditions; market
sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to rai se funds
through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future pr ices of
metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry;
delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes o r
claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted
to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from
those described in forward -looking statements, there may be other factors that cause actions, events o r results not to be as
anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance
on forward-looking statements. All statements are made as of the date of this news release and the Company is under no obligation
to update or alter any forward-looking statements except as required under applicable securities laws.