Canuc Closes Private Placement
www.canucresources.ca
FOR IMMEDIATE RELEASE TSX-V: CDA | CNUCF | WKN: A14 ZX4
March 5th, 2018 Shares Outstanding: 50,134,150
ISIN: CA1389093040
Canuc Closes Private Placement
Canuc Resources Corporation (TSXV: CDA) (“ Canuc” or the “Company”) announces that it has closed
a non-brokered private placement financing with gro ss proceeds of $1,105,000 resulting in the issue of
4,420,000 units (“Units”) at a price of $0.25 per Unit.
Each Unit consists of one common share (“ Common Share”) of Canuc and one-half of one warrant to
purchase one Common Share. Each whole warrant (“ Warrant”) entitles the holder to purchase one
additional Common Share at a price of $0.40 per Co mmon Share for two years from the closing date of
the private placement.
The private placement is subject to fina l acceptance by the TSX Venture Exchange. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy of this release.
About Canuc
Canuc is a junior resources company whose principal focus is exploration and development of the San
Javier Silver-Gold Project located 146 km east of He rmosillo in Sonora State, Mexico. The company also
generates cash flow from natural gas production in Cent ral West Texas, where Ca nuc has an interest in
nine producing gas wells, and has rights for further in field developments.
For further information please contact Canuc Resources Corporation:
(416) 548 – 9748
Disclaimer and Forward-Looking Statements
Forward-Looking Statements: This news release contains forward-looking statements that include risks and
uncertainties. 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-look ing statements. The forward-lookin g statements are based on current
expectations and apply 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 fo rward-looking statements incl ude changes in the prevailing
price of gold, the prevailing price of natural gas, the Canadian-United States exchange rate, amount of gas
produced that could affect revenues and production costs. Other factors such as uncertainties regarding
government regulations could also affect the results. Other risks may be set out in the Company’s annual
financial statements and MD&A.