22:00:03 EDT Mon 14 Jul 2025
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Canasil files Q1 report, applies for CTO revocation

2025-06-11 14:02 ET - News Release

Mr. Bahman Yamini reports

CANASIL FILES Q1 2025 INTERIM REPORT AND APPLICATION FOR REVOCATION OF CEASE TRADE ORDER

Canasil Resources Inc. filed its Q1 2025 interim quarterly report on June 10, 2025, which completes the company's required regulatory filings ahead of the June 16, 2025, date announced earlier. The company is now in full compliance with its regulatory filings.

The company has filed the application to the British Columbia Securities Commission (BCSC), together with the associated fees and documents required for the revocation of the cease trade order (CTO), issued on Dec. 6, 2023. The application is currently under review by BCSC with the understanding that there is no change in the company's business plan and objectives or its share structure, which remain the same as before the issuance of the CTO. The company plans to apply for a reinstatement of trading on the TSX Venture Exchange and is actively pursuing opportunities to advance its mineral property portfolio.

About Canasil Resources Inc.

Canasil is a Canadian mineral exploration company with a strong portfolio of 100-per-cent-owned silver-gold-copper exploration projects in Mexico and British Columbia, Canada. The company's directors and management include industry professionals with a record of identifying and advancing successful mineral exploration projects through to discovery and further development.

We seek Safe Harbor.

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