Canagold Resources Ltd.: Canagold Arranged and Closed $7.1 M Financing
Canagold Resources Ltd. (TSX: CCM) closed a $7.1M financing, issuing 5.3M common shares at $0.47 each and 8.8M flow-through shares at $0.52 each. Proceeds will fund working capital, admin expenses, and project development. Sun Valley Investments AG, an insider, increased its stake to 49.75%. The TSX gave conditional approval.