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Canuc Resources Corporation Amends Exercise Price of Previously Issued Stock Options
Repricing of Previously Issued Options TONRONTO, ON / ACCESSWIRE / December 22, 2016 / ...
About this update from Canuc Resources Corporation
[{"type":"text","content":"Canuc Resources Corporation Amends Exercise Price of Previously Issued Stock OptionsRepricing of Previously Issued Options\nTONRONTO, ON / ACCESSWIRE / December 22, 2016 / Canuc Resources Corporation (TSX-V: CDA) (OTC PINK: CNUCF) (\"Canuc\" or the \"Company\") reports that, in connection with the reverse takeover transaction previously announced by the Company (the \"Transaction\"), and as required by the TSX Venture Exchange for final approval of the transaction to be granted, the 310,000 options issued to Directors, Officers, and Consultants of the Company on May 17, 2016, will be repriced from $0.10 to $0.25. The term of the options will remain unchanged.\nAbout Canuc\nCanuc is a junior resources company engaged in the exploration and development of mineral properties in North and South America. In addition, the company is active in the development of a natural gas field in Central West Texas where it has an interest in seven producing gas wells. These wells generate a sustainable cash-flow with the potential to increase income by the drilling and completion of additional wells.\nFor more information on the content of this release or about Canuc, please contact:\nHub Mockler, CEO\nDirector\n239 254 - 0612\[email protected]\nChristopher J. Berlet, CFA\nDirector\n416 525 - 6869\[email protected]\nDisclaimer and Forward-Looking Statements\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.\nInformation in this news release that is not current or historical factual information may constitute forward-looking information, including future-oriented financial information and financial outlooks, within the meaning of securities laws. This information is based on certain assumptions regarding expected growth, results of operations, performance, and business prospects and opportunities (collectively, the \"Assumptions\"). While the Company considers these Assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Forward-looking information is subject to a number of risks, uncertainties, and other factors that could cause actual results to differ materially from what the Company currently expects. These risks, uncertainties, and ...