Sun Valley lifts Canagold stake to 49.75% after financing

Bitget2026/09/18 21:08

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Sun Valley Investments raised its stake in Canagold to 49.75% from 48.25% via a private placement financing.
Holdings increased to 113,495,947 common shares from 103,226,102 common shares.
Purchase included 6,413,462 flow-through shares priced at CAD 0.52, 3,856,383 common shares priced at CAD 0.47.
Transaction formed part of a CAD 7.1 million financing that closed on Sept. 18, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canagold Resources Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609181707NEWSFILECNPR____20260918_315073_1) on September 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sun Valley lifts Canagold stake to 49.75% after financing

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