Canuc Closes Flow-Through Private Placement
www.canucresources.ca
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FOR IMMEDIATE RELEASE TSX-V: CDA | CNUCF | WKN: A14ZX4
December 30th 2025 Shares Outstanding: 266,531,484
ISIN: CA1389093040
Canuc Closes Flow-Through Private Placement
Toronto, Ontario – December 30th 2025 – Canuc Resources Corporation (“Canuc” or the
“Company”) (TSX-V: CDA, OTCQB: CNUCF, WKN: A14ZX4) reports closing of a $2,790,000
CAD flow -through private placement financing (“ Private Placement ”). The closing of t his
Private Placement results in the issuance of 18,000,000 units. Each unit consists of one flow -
through common share (“Common Share”) priced at $0.155 per Common Share, and one half of
one common share purchase warrant (“ Warrant”). Each Warrant entitles the holder to purchase
one additional Common Share at $0.18 for a period of two years from the closing of the Private
Placement.
Each whole Warrant has an early exercise provision that allows the Company to trigger exercise
of the Warrant when the 10 -day average price of Common Shares traded on the TSX Venture
Exchange exceeds $ 0.24 per share . Thirty days (30) after the trigger date, any unexercised
Warrants will be deemed to be null and void. All securities issued under this Private Placement
will be subject to a ‘hold’ period expiring four months and one day from the date of closing.
Proceeds will be used for exploration of the Company’s East Sudbury Project (ESP).
The final closing of this private placement is subject to acceptance by the TSX Venture Exchange.
About Canuc Resources Corporation
Canuc Resources Corporation is a junior resource company developing its 100% interest in the
East Sudbury Project (“ ESP”) which spans 19,710 hectares and is centered approximately 20
kilometers northeast of the Prolific Sudbury Mining Camp and near to the extensive infrastructure
of the adjacent Sudbury Mining District. ESP encompasses several centers of critical and precious
metal mineralization interpreted to be related to a mineral system that can form IOCG and affiliated
critical and precious mineral deposits. Included within the Project is the historical Scadding Gold
Mine and associated Scadding Gold Tailings Project.
Canuc also holds a 100% interest in the San Javier Silver-Gold Project located in Sonora State,
Mexico. The San Javier Silver-Gold Project spans 28 claims covering 1,052 hectares and evidences
extensive silver, gold and copper mineralization interpreted to be related to a mineral system that
can form silver-dominant IOCG and affiliated deposits.
Canuc generates cash flow from natural gas production at its MidTex Energy Project located in
Central West Texas, USA where Canuc has an interest in eight (8) producing natural gas wells and
has rights for further in field developments. The Company also receives a 4% Net Smelter Royalty
from gold production at the Scadding Gold Tailings Project located on Mining Claim LEA
107735 within the ESP property group.
www.canucresources.ca
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For further information please refer to the Company website: www.canucresources.ca
Christopher J. Berlet B.A.Sc.(Mining), CFA, CEO & Director of Canuc, is responsible for the
content of this press release.
For further information please contact:
Canuc Resources Corporation
(416) 525 – 6869
Forward Looking Information
This news release contains forward -looking information. All information, other than information of historical fact,
constitute “forward -looking statements” and includes any information that addresses activities, events or
developments that the Corporation believes, expects or anticipates will or may occur in the future including the
Corporation’ s strategy, plans or future financial or operating performance.
When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”,
“hope”, “may” and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended
to identify forward-looking information. The forward-looking information is based on current expectations and applies
only as of the date on which they were made. The factors that could cause actual results to differ materially from those
indicated in such forward -looking information include, but are not limited to, the ability of the Corporation to fund
the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government
regulations could also affect the results. Other risks may be set o ut in the Corporation’ s annual financial statements,
MD&A and other publicly filed documents.
The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate,
as actual results and future events could differ materially from those anticipated in such information. Accordingly,
investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation
does not assume any obligation to release publicly any revisions to forward -looking information contained in this
press release to reflect events or circumstances after the date hereof.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this news release.