Canasil Plans $500,000 Private Placement
Tel: 604-708 3788
Email: [email protected]
NEWS RELEASE
January 12, 2026 www.canasil.com
Canasil Plans $500,000 Private Placement
Vancouver, January 12, 202 6 - Canasil Resources Inc. (TSX-V:CLZ.H, DB Frankfurt: 3CC , “Canasil” or the
“Company”) announces a planned private placement for a total 10 Million common shares of the Company
at $0.05 per share for total pro ceeds of $500,000. There will be no warrants included in this placement and
the Company may pay a commission or finders ’ fee on part of the proceeds. Certain insiders and existing
shareholders will participate in this placement.
The proceeds will be used to fund the Company ’s operations and e xploration programs on its silver-gold-
copper project portfolio in BC, C anada, and in Durango and Zacatecas States , Mexico, as previously
announced. The Company anticipates clo sing of this placement as soon as possible and before January 23,
2026.
About Canasil:
Canasil is a Canadian mineral exploration company with a strong portfolio of 100% owned silver-gold-copper
exploration projects in Mexico and British Co lumbia, Canada. The Company’s directors and management
include industry professionals with a track record of identifying and advancing successful mineral exploration
projects through to discovery and further development.
For further information please contact:
Bahman Yamini
President and C.E.O.
Canasil Resources Inc.
Tel: (604) 708-3788
www.canasil.com
Neither 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 or accuracy of this news release.
This news release includes certain statements that may be deemed to be “forward -looking statements”. All statements
in this release, other than statements of historical facts are forward looking statements, including statements that
address future mineral production, reserve potential, exploration drilling, exploitation activities and events or
developments. These statements involve known and unknown risks, uncertainties and other factors that may cause actual
results or events to differ materially from tho se anticipated in such forward-looking statements. Although the Company
believes the expectations expressed in such forward -looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results or developments may differ materially from
those in the forward -looking statements. Factors that could cause actual results to differ materially from those in
forward-looking statements include, but are not limited to, changes in commodities prices, exploration successes,
continued availability of capital and financing, and general economic, market or business conditions. The reader is
referred to the Company’s filings with the Canadian securities regulators for disclosure regarding these and other risk
factors. There is no certainty that any forward looking statement will come to pass and investors should not place undue
reliance upon forward-looking statements.