Canadian gold corp. closes $3 million financing, mcewen mining inc. becomes 5.9% strategic shareholder

Toronto, ontario--(newsfile corp. - march 27, 2025) - canadian gold corp. (tsxv: cgc) ("canadian gold" or the "company") is pleased to announce that it has closed its non-brokered financing previously announced on march 10, 2025. the company issued 8,823,529 charity flow-through shares (the "charity ft shares") at a price of $0.28 per charity ft share and 2,941,176 common share units (the "share units") at a price of $0.17 per share unit for aggregate gross proceeds to the company of approximately $3 million (the "offering").
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