Toronto, May 19, 2022 (Globe Newswire) – Canadian North Resources Inc. (TSXV: CNRI) (“Corporation”) Announcing that it has offered its directors, officers, employees and advisers and employees of the management company, the option to purchase a total of 2,695,000 common shares of the corporation (including 1,190,000 directors and officers), at a price of $ 1.92 per share, which options 18 May. , Will end in 2027.
The corporation has also announced the appointment of Trevor Boyd, Ph.D., Ph.D. As vice-president, Search. Dr. Trevor Boyd is a professional geologist with over 30 years of experience in the mining industry working as a consultant, qualified person, official and director of both private and public companies worldwide. Since 1987, Trevor has worked with numerous mining companies for a variety of products in North America, Asia and Europe. His experience includes base and specialty metal projects including precious metals, uranium, nickel-copper-PGM, and tungsten, tin and indium. He is a member of the Ontario and Northwest Territories Association of Professional Geologists and the Association of Professional Engineers and Geologists and a qualified person defined by National Instrument 43-101. Trevor holds a PhD in geology from the University of Toronto (1996) and an MSc (applied) MINEX degree from McGill University (1988).
“We welcome Trevor to our team and look forward to working with him to advance our exciting Ferguson Lake Base Metal and Platinum-Group Metal projects (” Ferguson Lake Project “).” Dr. Kaihui Young, President and CEO of the Corporation, said, “With a strong team, we are moving forward with an aggressive exploration program to uncover the exciting potential of nickel, copper, cobalt, palladium and platinum in the Ferguson Lake project.” “
Canadian Northern Resources Inc.
Canadian North Resources Inc. is an exploration and development company focused on metals for the clean-energy, electric vehicles, batteries and high-tech industries. The Corporation is advancing its 100% owned Ferguson Lake Nickel, Copper, Cobalt, Palladium and Platinum projects in Nunavu, Canada.
See the website at www.cnresources.com for more information.
Neither the TSX Venture Exchange nor its regulatory service providers (as the term is defined in the TSX Venture Exchange Policy) accept responsibility for the adequacy or accuracy of this release.
Contact for more information:
Kaihui Young, President and CEO
Phone: 905-696-8288 (Canada) 1-888-688-8809 (toll-free)
Email: [email protected]