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CDA.V ·

Canuc Refiles Q1 2018 Interim Financial Statements; No Impact on Financial Figures.

Financials

www.canucresources.ca

FOR IMMEDIATE RELEASE TSX-V: CDA | CNUCF | WKN: A14 ZX4

August 21st, 2018 Shares Outstanding: 50,434,150

ISIN: CA1389093040

Canuc Refiles Q1 2018 Interim Financial Statements; No Impact on Financial Figures.

Canuc Resources Corporation (“Canuc” or the “Company”) (TSX-V: CDA) announced today that it has

refiled its unaudited interim financia l statements for the period ended March 31, 2018 in order to change

the comparative periods on the financial statements . This refiling has no impact on current or prior

financial figures. This filing is being made at the request of the Ontario Securities Commission pursuant

to a review by OSC staff. See below for details of the changes:

 The prior period comparative date on the Consolid ated Interim Statement of Financial Position

has been changed from March 31, 2017 to December 31, 2017.

 The prior year comparative period on the Consolidated Interim Statement of Profit and Loss has

been changed from the six-month period ended Ma rch 31, 2017 to the three-month period ended

March 31, 2017.

 The prior year comparative period on the Consolidated Interim Statement of Cash Flows has been

changed from the six-month peri od ended March 31, 2017 to the three-month period ended

March 31, 2017.

 The Consolidated Interim Statement of Changes in Shareholder’s Equity has been changed to

compare the three-month period ended March 31, 2018 and 2017.

 A paragraph has been added to the Notice to Reader page of the financial statements to describe

the Auditor’s involvement in the preparation of the Interim Financial Statements.

These changes have no impact on the company’s Revenues, Earnings or Financial Position.

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

[email protected]

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.