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Canagold Resources closes $9.2M financing round

Fri, 13 Feb 2026 16:04:37 -0400

Canagold Resources Ltd. (TSX: CCM) completed a $9.2 million financing round through the sale of common shares and flow-through shares, according to a company statement.

The Vancouver-based gold exploration company issued 9.4 million common shares at $0.45 each and 10 million flow-through shares at $0.50 each, generating gross proceeds of $9,228,456.50.

Proceeds from the common shares will fund working capital, administrative expenses and project development. The flow-through share proceeds will finance Canadian exploration expenses at the company's New Polaris project, qualifying for specific tax benefits under Canadian income tax regulations.

Sun Valley Investments AG purchased 5 million flow-through shares and 4.7 million common

Canagold Resources Ltd. Announces Closing of $9.2M Financing

Fri, 13 Feb 2026 16:01:00 -0400

Vancouver, British Columbia--(Newsfile Corp. - February 13, 2026) - Canagold Resources Ltd. (TSX: CCM) (OTCQB: CRCU) (FSE: CANA) (the "Company" or "Canagold"), is pleased to announce it has arranged and closed an offering consisting of: (i) 9,396,570 common shares in the capital of the Company ("Common Shares") at a price of $0.45 per Common Share, and (ii) 10,000,000 Common Shares that qualify as flow-through shares for the purposes of the Income Tax Act (Canada) (the "FT Shares") at a price of $0.50 per FT Share, for total gross proceeds of $9,228,456.50 (the "Offering").

The net proceeds from the issuance of Common

Canagold Resources Ltd. Announces Closing of $9.2M Financing

Fri, 13 Feb 2026 16:01:00 -0400

The net proceeds from the issuance of Common