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Canuc Resources Corporation (CDA) Financings

TSXV: CDA · Copper, Gold, Silver · Exploration stage

Canuc Resources Corporation is a junior resource company advancing its 100% interest in the East Sudbury Project (' ESP ') a 20,078 hectare land package centered approximately 20 kilometers northeast of the prolific Sudbury Mining Camp and situated near to the extensive infrastructure of the adjacent Sudbury Mining District. ESP hosts several centres of critical and precious metal mineralization interpreted to be related to a mineral system capable of forming IOCG and affiliated critical and precious mineral deposits. Included within the Project is the historical Scadding Gold Mine and associated Scadding Gold Tailings Project. Canuc also holds a 100% interest in the San Javier Silver-Gold Project, located in Sonora State, Mexico. This 28-claim, 1,052 hectare property showcases extensive silver, gold and copper mineralization interpreted to be related to a mineral system capable of forming silver-dominant IOCG and affiliated deposits. Canuc generates steady cash flow from natural gas production at its MidTex Energy Project in Central West Texas, USA where the Company holds interests in producing natural gas wells and has rights for further infield development. The Company also receives a 4% Net Smelter Royalty from gold production at the Scadding Gold Tailings Project, located on Mining Claim LEA 107735 within the ESP property group.

Canuc Resources Corporation financial statements

Key figures read from 46 of 46 financial statement filings, Nov 25, 2016 to Aug 31, 2026. Each column is the period as the company first filed it.

Balance sheet: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

Dec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Cash and equivalentsC$2,844,774C$125,503C$887,305C$119,311C$1,305,374
Total current assets————C$1,432,058
Total current liabilitiesC$1,088,841C$144,807C$153,449C$594,855C$918,895
Working capital————C$513,163
Property, plant and equipment————C$0
Total assetsC$3,759,820C$600,730C$1,534,563C$145,131C$1,432,059
Total liabilitiesC$1,174,177C$229,675C$230,663C$667,474C$980,544
Shareholders' equityC$2,585,643C$371,055C$1,303,900(C$522,343)C$451,515

Income statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
RevenueC$125,944C$89,211C$162,585C$299,671C$178,652
General and administrativeC$385,745C$296,415C$453,531C$393,679C$938,742
Share-based compensation———C$0C$1,366,200
Impairments and write-downs———C$0C$0
Net income (loss)(C$9,441,107)(C$1,042,206)(C$1,753,039)(C$1,740,169)(C$6,358,310)

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021FY Dec 2020
Operating cash flow(C$878,817)(C$2,815,883)(C$1,896,639)(C$4,177,963)(C$2,594,128)
Investing cash flow———C$0—
Financing cash flowC$0C$3,580,000C$806,250C$4,716,190C$3,219,080
Property, plant and equipment spending———C$0—
Proceeds from share issues———C$4,500,000—
Change in cash(C$761,802)C$767,994(C$1,186,063)C$502,288C$583,858
Cash at end of periodC$125,503C$887,305C$119,311C$1,305,374—

Canuc Resources Corporation financings

3 financings announced or closed by Canuc Resources Corporation, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-10-14Canuc Resources Corporation (CDA)Private placementClosed, 1 tranche$6.0M$1.20Canuc Closes $5.99 Million Private Placement to Accelerate East Sudbury Development and Exploration
2025-12-30Canuc Resources Corporation (CDA)Flow-throughClosed, 1 tranche$2.8M$0.155Canuc Closes Flow-Through Private Placement
2025-02-13Canuc Resources Corporation (CDA)Private placement, non-brokeredClosed, 2 tranches$3.2M$0.100Canuc Announces Terms of a Private Placement Financing

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