Canuc Resources (CNUCF) appoints Kevin Olson to Board

Toronto, Ontario--(Newsfile Corp. - May 22, 2025) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ("Canuc" or the "Company") is pleased to announce that Mr. Kevin Olson has joined the Company's Board of Directors.

Mr. Olson is an active member of the Society of Petroleum Engineers (SPE). He has more than two decades of experience driving technology and innovation in the oil and gas industry and has recently served as Director of Global Sales at Core Laboratories N.V., a reservoir optimization leader. In this role Kevin had notable success developing business expansion across the Permian Basin in Texas, and in the Middle East.

Kevin holds a B. Comm from the University of Calgary. He has a track record of success leading cross-functional teams to identify, develop and launch new technologies in the oil and gas industry.

"We are pleased that Kevin is able to join Canuc's Board of Directors. Kevin's experience and familiarity with oil and gas technologies and his extensive professional network will benefit Canuc as we expand in-field developments at the company's natural gas producing assets in West Texas, and as we continue to explore cash flow opportunities in order to protect our shareholders from unnecessary dilution," stated Chris Berlet, CEO and Director of Canuc.

The Company also announces the resignation of Mr. Paul Davis BSc (Hon), MSc from the Company's Board of Directors. The Company would like to thank Paul for his professionalism and service during the period of his tenure on the Board.

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