Christopher James Berlet, CEO and Director, acquired 2,250,000 common shares at a price of $0.10 and 525,000 warrants exercisable at $0.15 for a period of two years on a direct ownership basis through a prospectus or prospectus exempt offering on August 10th, 2020. This represents a $225,000 investment into the company's shares and an account share holdings change of 52.8%.
Canuc Resources is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.
Canuc Resources Corporation is an exploration company focused on the acquisition, exploration and development of natural resource projects in the Americas. The Company has oil and gas assets in Texas, the United States. It is pursuing mineral exploration assets in North America. Its oil and gas assets include the Midtex Project, Texas. Its Nambija property is located in the eastern foothills of the Andes close to the Peruvian border and approximately 400 kilometers from Quito, the capital of Ecuador. It has approximately two contiguous mining concessions and over 630 mining rights within those two concessions. The mining concessions are known as Condominios Mineros Norte with an area of approximately 35.4 hectares, and Condominios Mineros Sur with an area of over 33.3 hectares. It has a working interest in approximately 2,000-acre Thompson project located in Stephens County Texas, and in approximately 14,570-acre Walker Buckler lease located in Shackelford County, Texas.
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