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Gold Canyon Resources Inc.

09:55 AM EST - Gold Canyon Resources Inc. : provided an update of the Company's activities. On February 5, Gold Canyon completed a private placement raising gross proceeds of $1,306,850. Given the Company's conservative use of cash, the current working capital allows Gold Canyon to continue to collect environmental baseline data vital for future permitting of its 100% controlled Springpole Gold Project as well as support corporate and project overhead into next year. Gold Canyon Resources Inc.
shares V.GCU are trading down $0.005 at $0.18.