Received by email:

File: 160205 NR Closing CLZ PP 2 M Shares Final.doc

 
 

Suite 1760 - 750 West Pender Street
Vancouver, BC
Canada V6C 2T8

Tel: 604-708 3788
Fax: 604-708 3728
Email: admin@canasil.com

 
                      

NEWS RELEASE                       TSX-V: CLZ 
February 5, 2016                          www.canasil.com 
                                                                                         
Canasil Closes Non-Brokered Private Placement

Vancouver, February 5, 2016 - Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, "Canasil" or the "Company") annou
--->nces closing of the non-brokered private placement of 2,000,000 common shares of the Company ("Shares") at a price of 
--->$0.15 per Share (the "Offering") for gross proceeds of $300,000. The proceeds will be used for continuing exploration 
--->programs on the Company's mineral exploration projects and for working capital. No finders' fees or commissions have b
--->een paid in connection with this private placement, which has been approved by the TSX Venture Exchange.

Securities issued pursuant to the Offering will be subject to resale restrictions for a period of four months from the
---> closing date to June 6, 2016. 

About Canasil:

Canasil is a Canadian mineral exploration company with a strong portfolio of 100% owned silver-gold-copper-lead-zinc p
--->rojects in Durango and Zacatecas States, Mexico, and in British Columbia, Canada. The Company's directors and manageme
--->nt include industry professionals with a track record of identifying and advancing successful mineral exploration proj
--->ects through to discovery and further development. The Company is actively engaged in the exploration of its mineral p
--->roperties, and maintains an operating subsidiary in Durango, Mexico, with full time geological and support staff for i
--->ts operations in Mexico.

For further information please contact:

Bahman Yamini
President and C.E.O.
Canasil Resources Inc. 
Tel: (604) 709-0109
www.canasil.com

 
 
 
 
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.



File: 160205 NR Closing CLZ PP 2 M Shares Final.pdf

                                                                       Suite 1760   750 West Pender Street
                                                                                            Vancouver, BC
                                                                                          Canada V6C 2T8

                                                                                          Tel: 604-708 3788
                                                                                          Fax: 604-708 3728
                                                                                  Email: admin@canasil.com




NEWS RELEASE                                                                               TSX-V: CLZ
February 5, 2016                                                                      www.canasil.com
                         Canasil Closes Non-Brokered Private Placement
Vancouver, February 5, 2016 - Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, "Canasil"
or the "Company") announces closing of the non-brokered private placement of 2,000,000
common shares of the Company ("Shares") at a price of $0.15 per Share (the "Offering") for
gross proceeds of $300,000. The proceeds will be used for continuing exploration programs on
the Company's mineral exploration projects and for working capital. No finders' fees or
commissions have been paid in connection with this private placement, which has been
approved by the TSX Venture Exchange.

Securities issued pursuant to the Offering will be subject to resale restrictions for a period of
four months from the closing date to June 6, 2016.
About Canasil:
Canasil is a Canadian mineral exploration company with a strong portfolio of 100% owned
silver-gold-copper-lead-zinc projects in Durango and Zacatecas States, Mexico, and in British
Columbia, Canada. The Company's directors and management include industry professionals
with a track record of identifying and advancing successful mineral exploration projects through
to discovery and further development. The Company is actively engaged in the exploration of
its mineral properties, and maintains an operating subsidiary in Durango, Mexico, with full time
geological and support staff for its operations in Mexico.
For further information please contact:
Bahman Yamini
President and C.E.O.
Canasil Resources Inc.
Tel: (604) 709-0109
www.canasil.com


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
 of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.