Canagold Resources Ltd. announced the closing of a charity flow-through financing on November 1, 2025, raising total gross proceeds of C$3,220,000. The company issued 9,200,000 common shares, qualifying as flow-through shares for Canadian tax purposes, at a price of C$0.35 per share. This financing provides additional capital for eligible Canadian exploration expenses.
The funds will support ongoing exploration and development activities at the company's projects, including the New Polaris gold-antimony project. This capital infusion demonstrates continued investor support for Canagold's development strategy. It ensures the company has the necessary resources to advance its exploration programs.
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