12:40 PM EST - Canagold Resources Ltd : Announced that it has closed the first tranche of its non brokered private placement financing for 560,000 flow through shares within the meaning of the Income Tax Act at a price of CAD$0.50 per FT share for gross proceeds of CAD$280,000. The FT Shares are subject to a hold period of four months plus one day ending May 1, 2022 and is subject to the final acceptance by the Toronto Stock Exchange. Proceeds from the Offering will be used for to fund eligible exploration expenditures of the Company's New Polaris gold project in north-western British Columbia. Canagold Resources Ltd
shares T.CCM are trading up 0.01 cent at $0.38.
