20:01:16 EDT Thu 31 Oct 2024
Enter Symbol
or Name
USA
CA



Canadian North Resources Inc
Symbol CNRI
Shares Issued 102,039,151
Close 2023-09-15 C$ 2.99
Market Cap C$ 305,097,061
Recent Sedar Documents

Canadian North hires BTV, LFG Equities for marketing

2023-09-15 19:10 ET - News Release

Ms. Sophy Cesar reports

CANADIAN NORTH RESOURCES INC. ANNOUNCES MARKET AWARENESS PROGRAM

Canadian North Resources Inc. has commenced a market awareness program, aimed at enhancing its market visibility and engagement. As part of the initiative, the company has engaged BTV (Business Television) to improve exposure to capital markets. The engagement is for a period of 12 weeks. BTV is a TV production and digital marketing agency that helps issuers increase their brand awareness to a national retail and institutional investor audience through unique offerings. Services provided under the contract with the company include digital marketing on financial on-line platforms and national television broadcast on BNN Bloomberg and Fox Business News.

Additionally, the company entered into an agreement with LFG Equities Corp. to perform market awareness and marketing services for an initial term of three months. The nature of the services to be provided by LFG includes, but is not limited to, providing strategic advice, content development, media buying and distribution, and marketing services through social media channels and on-line media placements for the company. The agreement includes an option to renew at the company's discretion.

About Canadian North Resources Inc.

Canadian North is an exploration and development company focusing on the critical metals for the clean energy, electric vehicle, battery and high-technology industries. The company is advancing its 100-per-cent-owned Ferguson Lake nickel, copper, cobalt, palladium and platinum project that covers an area of 253.8 square kilometres of mining leases (96.9 square kilometres) and surrounding exploration claims (156.9 square kilometres) in the Kivalliq region of Nunavut, Canada.

The Ferguson Lake mining property contains substantial resources in compliance with National Instrument 43-101 standards, which include indicated mineral resources of 24.3 million tonnes containing 455 million pounds copper at 0.85 per cent, 321 million pounds nickel at 0.60 per cent, 37.5 million pounds cobalt at 0.07 per cent, 1.08 million ounces palladium at 1.38 grams per tonne and 180,000 ounces platinum at 0.23 grams per tonne; inferred mineral resources of 47.2 million tonnes containing 947 Mlb copper at 0.91 per cent, 551.5 Mlb nickel at 0.53 per cent, 62.4 Mlb cobalt at 0.06 per cent, 2.12 Moz palladium at 1.4 g/t and 380,000 oz platinum at 0.25 g/t. The resource model indicates significant potential for resource expansion along strike and at depth over the 15-kilometre-long mineralized belt. (Refer to the "Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, Prepared by Ronacher McKenzie Geoscience Inc. and Francis Minerals Ltd.," filed by the company to SEDAR+ on July 13, 2022.) In addition, the company has identified the pegmatites with lithium potential at the Ferguson Lake project.

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