Canadian North Resources Inc. Announces Plans To Repurchase

From GlobeNewswire: 2025-04-24 19:18:00

Canadian North Resources Inc. has filed a Notice of Intention to Make a Normal Course Issuer Bid, aiming to repurchase up to 5,716,265 of its Common Shares over the next 12 months. The Company believes the market price of its shares does not reflect their true value. Purchases will be made through open market transactions on the TSX Venture Exchange. CNRI’s focus is on the Ferguson Lake project in Nunavut, containing substantial mineral resources of copper, nickel, cobalt, palladium, and platinum. The project has great potential for resource expansion and development. For more information, visit www.cnresources.com.



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