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Canadian Gold Resources (CAN) Files for Acceptance of IR Contract

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Canadian Gold Resources (TSXV: CAN) has filed for TSX Venture Exchange acceptance of a completed investor relations contract with consultant Fidel Thomas. The contract, which ran from December 1, 2024, to February 28, 2025, involved a total compensation of $9,450 ($3,150 monthly). The consultant's services included shareholder communication, coordinating meetings with investment professionals, capital sourcing assistance, and marketing support. The company chose not to extend the contract beyond its initial 3-month term. This filing follows an Exchange review of the company's flow-through private placement from December 2024.

Canadian Gold Resources (TSXV: CAN) ha presentato alla TSX Venture Exchange la richiesta di accettazione di un contratto di relazioni con gli investitori completato con il consulente Fidel Thomas. Il contratto, attivo dal 1° dicembre 2024 al 28 febbraio 2025, prevedeva un compenso totale di 9.450 $ (3.150 $ mensili). I servizi del consulente includevano la comunicazione con gli azionisti, il coordinamento di incontri con professionisti degli investimenti, l'assistenza nel reperimento di capitali e il supporto marketing. La società ha deciso di non prorogare il contratto oltre il suo termine iniziale di 3 mesi. Questa comunicazione segue una revisione da parte dell'Exchange del collocamento privato flow-through della società avvenuto nel dicembre 2024.

Canadian Gold Resources (TSXV: CAN) ha presentado para la aceptación en la TSX Venture Exchange un contrato de relaciones con inversores completado con el consultor Fidel Thomas. El contrato, que estuvo vigente desde el 1 de diciembre de 2024 hasta el 28 de febrero de 2025, contemplaba una compensación total de 9,450 $ (3,150 $ mensuales). Los servicios del consultor incluyeron comunicación con accionistas, coordinación de reuniones con profesionales de inversión, asistencia en la obtención de capital y apoyo en marketing. La compañía decidió no extender el contrato más allá de su plazo inicial de 3 meses. Esta presentación sigue a una revisión por parte de la Exchange de la colocación privada flow-through de la compañía en diciembre de 2024.

Canadian Gold Resources (TSXV: CAN)은 컨설턴트 Fidel Thomas와 체결한 투자자 관계 계약 완료에 대해 TSX Venture Exchange의 승인을 신청했습니다. 이 계약은 2024년 12월 1일부터 2025년 2월 28일까지 유효했으며 총 보수는 9,450달러 (월 3,150달러)였습니다. 컨설턴트의 업무에는 주주 소통, 투자 전문가와의 미팅 조율, 자본 조달 지원 및 마케팅 지원이 포함되었습니다. 회사는 초기 3개월 계약 기간을 넘겨 연장하지 않기로 결정했습니다. 이 신청은 2024년 12월 회사의 flow-through 사모 배정에 대한 Exchange의 검토에 따른 것입니다.

Canadian Gold Resources (TSXV : CAN) a déposé auprès de la TSX Venture Exchange une demande d’acceptation d’un contrat de relations investisseurs achevé avec le consultant Fidel Thomas. Le contrat, en vigueur du 1er décembre 2024 au 28 février 2025, prévoyait une rémunération totale de 9 450 $ (3 150 $ par mois). Les services du consultant comprenaient la communication avec les actionnaires, la coordination de réunions avec des professionnels de l’investissement, l’aide à la recherche de capitaux et le soutien marketing. La société a choisi de ne pas prolonger le contrat au-delà de sa durée initiale de 3 mois. Ce dépôt fait suite à un examen par l’Exchange du placement privé flow-through de la société en décembre 2024.

Canadian Gold Resources (TSXV: CAN) hat bei der TSX Venture Exchange die Annahme eines abgeschlossenen Investor-Relations-Vertrags mit dem Berater Fidel Thomas eingereicht. Der Vertrag lief vom 1. Dezember 2024 bis zum 28. Februar 2025 und umfasste eine Gesamtvergütung von 9.450 $ (3.150 $ monatlich). Die Leistungen des Beraters umfassten die Kommunikation mit Aktionären, die Koordination von Treffen mit Investmentfachleuten, Unterstützung bei der Kapitalbeschaffung und Marketingunterstützung. Das Unternehmen entschied sich, den Vertrag nicht über die ursprüngliche Laufzeit von 3 Monaten hinaus zu verlängern. Diese Einreichung erfolgt nach einer Überprüfung der Flow-Through-Privatplatzierung des Unternehmens im Dezember 2024 durch die Exchange.

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Dieppe, New Brunswick--(Newsfile Corp. - May 23, 2025) - Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company"), a Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec, announces that it has filed for acceptance by the TSX Venture Exchange (the "Exchange") an investor relations contract with Fidel Thomas of Vancouver, B.C. (the "Consultant") dated December 1, 2024. The contract, which expired on February 28, 2025, was for an initial term of 3 months and was extendable by the Company for up to one year. The Company elected to not extend the contract. Compensation paid to the Consultant was a monthly fee of $3,150 for an aggregate consideration of $9,450. Payment was made from the general working capital funds of the Company.

The services provided by the Consultant under the contract included: (i) communicating with investment dealers, advisors and existing shareholders to increase awareness of the Company; (ii) co-ordinating regular meetings between the Company, investment dealers, advisors, analysts and shareholders; (iii) assisting the Company in identifying and securing news sources of capital; and (iv) assisting the Company with marketing materials including the preparation of press releases.

The Consultant has provided investor relations services for other Exchange issuers and has a background in corporation communications and IR work.

This filing has been made following a review by the Exchange of submissions made by the Company in connection with its flow through private placement conducted at the end of December 2024 (see the Company's news release dated January 2, 2025).

About Canadian Gold Resource Ltd.
Canadian Gold Resources Ltd. (TSXV: CAN) is a Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec. The Company targets under-explored, past-producing properties with significant growth potential, leveraging modern exploration techniques to unlock value. With a team of experienced professionals and a commitment to sustainability and community engagement, Canadian Gold Resources is well-positioned to capitalize on opportunities within this historic and promising gold region. For more information, visit www.cdngold.com.

For further information, please contact:
Ronald Goguen
Chairman, President & CEO
Canadian Gold Resources Ltd.
rongoguen@cdngold.com
506-383-4274

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

Forward-Looking Statements
This press release contains statements that constitute "forward-looking information" ("forward-looking information") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. Forward-looking statements in this news release include statements regarding the Offering and use of proceeds from the Offering. In disclosing the forward-looking information contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: compliance with extensive government regulations; domestic and foreign laws and regulations adversely affecting the Company's business and results of operations; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253306

FAQ

What services did the IR consultant provide to Canadian Gold Resources (CDNGF)?

The consultant provided investor relations services including shareholder communications, coordinating meetings with investment professionals, identifying new capital sources, and assisting with marketing materials and press releases.

How much did Canadian Gold Resources pay for the IR contract?

Canadian Gold Resources paid $3,150 monthly for a total of $9,450 over the 3-month contract period.

When did the IR contract with Fidel Thomas expire?

The IR contract expired on February 28, 2025, after the initial 3-month term, as the company chose not to extend it.

Why did Canadian Gold Resources (CDNGF) file for acceptance of the IR contract?

The filing was made following a TSX Venture Exchange review of submissions related to the company's flow-through private placement from December 2024.
Canadian Gold Resources

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