0001654954-22-009359.txt : 20220707 0001654954-22-009359.hdr.sgml : 20220707 20220707105430 ACCESSION NUMBER: 0001654954-22-009359 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20220707 FILED AS OF DATE: 20220707 DATE AS OF CHANGE: 20220707 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Canagold Resources Ltd. CENTRAL INDEX KEY: 0000868822 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18860 FILM NUMBER: 221070907 BUSINESS ADDRESS: STREET 1: #810 - 625 HOWE STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 2T6 BUSINESS PHONE: (604) 685-9700 MAIL ADDRESS: STREET 1: #810 - 625 HOWE STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 2T6 FORMER COMPANY: FORMER CONFORMED NAME: CANARC RESOURCE CORP DATE OF NAME CHANGE: 19950606 6-K 1 crcuf_6k.htm FORM 6-K crcuf_6k.htm

    

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2022

 

Commission File Number: 000-18860

 

CANAGOLD RESOURCES LTD.

(Translation of registrant's name into English)

 

#810 – 625 Howe Street, Vancouver, British Columbia, V6C 2T6

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

☒ Form 20-F     ☐ Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 

 

 

SUBMITTED HEREWITH

 

Exhibits

 

99.1

 

Press release

 

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

Canaagold Resources Ltd.

(Registrant)

 

 

 

 

 

Date: July 7, 2022

By:  

/s/ Scott Eldridge

 

 

 

Name: Scott Eldridge  

 

 

 

Title: Chief Executive Officer  

 

 

 

3

 

 EX-99.1 2 crcuf_ex991.htm PRESS RELEASE crcuf_ex991.htm

EXHIBIT 99.1

 

 

 

Canagold Resources LTD.

810-625 Howe Street

Vancouver, BC V6C 2T6

 

T:   604.685.9700

F:   604.6685-9744

 

www.canagoldresources.com

CCM: TSX

CRCUF: OTCQB

 

Canagold Announces Sale of Hot Springs Point Property in Nevada

 

Vancouver, Canada – July 7, 2022 – Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA) (“Canagold” or the “Company”) is pleased to announce that it has sold its 100% interest in the 160 acre Hot Springs Point property located in Eureka County, Nevada for $480,000 USD to a third party.

 

Hot Springs Point is one of 14 mineral properties and two royalties in the American Innovative Minerals (“AIM”) USA gold package acquired by Canagold in 2017 and is one of five AIM properties that have since been leased, optioned or sold by the Company to third parties wanting to explore and earn interests in  Canagold’s Nevada/Idaho portfolio.

 

Scott Eldridge, Canagold’s CEO, said: “This transaction allows Canagold to monetize and realize value on Hot Springs Point while we focus on our flag ship asset New Polaris in British Columbia. We continue to generate shareholder value through the sale or option of our smaller non-core properties”.

 

The Company continues to receive expressions of interest in seven properties in Nevada that are available for option, lease or purchase. Canagold is focused on creating shareholder value by advancing its 100% owned New Polaris Gold project located in British Columbia, Canada.

 

Qualified Person

 

Garry Biles, P.Eng, President & COO for Canagold Resources Ltd., is the Qualified Person who reviewed and approved the contents of this news release.

 

"Scott Eldridge” 

 

 

 

Scott Eldridge

 

Chief Executive Officer

 

CANAGOLD RESOURCES LTD.

 

   

About Canagold - Canagold Resources Ltd. is a growth-oriented gold exploration company focused on generating superior shareholder returns by discovering, exploring and developing strategic gold deposits in North America. Canagold shares trade on the TSX: CCM and the OTCQB: CRCUF.

 

For More Information - Please contact:  Knox Henderson, VP Corporate Development

Toll Free: 1-877-684-9700 Tel: (604) 604-416-0337 Cell: (604) 551-2360

Email: knox@canagoldresources.com  Website: www.canagoldresources.com

 

 

1

 

 

Cautionary Note Regarding Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the United States private securities litigation reform act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Statements contained in this news release that are not historical facts are forward-looking information that involves known and unknown risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements with respect to the Dissident’s intentions in providing the advance notice and their plans for Canagold and its future financings; the Dissident’s nominees working together at Canagold to advance the Dissident’s agenda; and the availability of other financing opportunities on equal or better terms than those offered by the Dissident. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "has proven", "expects" or "does not expect", "is expected", "potential", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

 

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others risks related to the uncertainties inherent in the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward-looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.

 

 

2

 

 GRAPHIC 3 crcuf_ex991img3.jpg begin 644 crcuf_ex991img3.jpg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