Buchans resources distributes canterra minerals corporation common shares

Toronto, ontario--(newsfile corp. - july 2, 2024) - buchans resources limited (the "company" or "buchans") is pleased to report the distribution to buchans shareholders of 113,243,613 common shares ("canterra shares") of canterra minerals corporation ("canterra") (tsxv: ctm) (otcqb: ctmcf) on june 28, 2024 (the "distribution") at a ratio of 1.75 canterra shares for each common share of buchans held as of march 28, 2024. the effective price of the canterra shares distributed was $0.055, based on the closing price of the canterra shares on june 27, 2024.
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