Core Insights - Canadian Gold Resources Ltd. has announced the preliminary interpretation of airborne magnetic survey data for its Robidoux property, marking a significant milestone in its exploration efforts in the Gaspé Gold Belt of Quebec [1][2][3] Exploration and Findings - The survey results provide detailed structural insights into the Robidoux property, which is part of a 34 km stretch along the Grand Pabos Fault, indicating significant exploration potential [2][5] - Key fault structures have been identified that align with known mineral showings, enhancing the outlook for new gold and silver discoveries [3][5] - The new data has clarified the location of the Grand Pabos Fault and revealed additional splay and secondary structures that offer valuable drill targets for future exploration [5][7] Management Commentary - The Chairman, President, and CEO of Canadian Gold expressed confidence in the potential for new discoveries along the Grand Pabos Fault system, emphasizing the importance of the survey results in guiding future drilling efforts [3][7] Corporate Developments - David Henniger has been appointed to the Board of Directors, bringing extensive experience in governance and finance [8] - The company has granted a total of 2,000,000 stock options to its Board members as part of its long-term incentive plan, effective January 23, 2025 [9] Company Overview - Canadian Gold Resources Ltd. focuses on developing high-grade gold projects in the Gaspé Gold Belt, targeting under-explored, past-producing properties with significant growth potential [11][12]

Expects total revenues for FY2025 in the range of US$900 million to US$1.1 billionSINGAPORE, Jan. 21, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending December 31, 2024, and provided financial guidance for fiscal year 2025.Management Commentary"Since the beginning of the fourth quarter of 2024, we have made considerable progress in expanding our market presence, strengthening par ...

DIEPPE, New Brunswick, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN), Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec, is pleased to announce it has entered into an investor relations agreement (the “Alliance Agreement”) with Alliance Advisors Investor Relations (“Alliance”) and has retained Integral Wealth Securities Limited (“Integral”) to provide market-making services (the “Integr ...

Did President-elect Trump just ignite a Bitcoin firestorm? Many crypto-related stocks posted big gains on Friday, just ahead of next week's inauguration.Many stocks and funds in the cryptocurrency sphere soared on Friday. The classic Bitcoin (BTC 4.71%) cryptocurrency gained as much as 5.3%, as measured from Thursday's market close, boosting a wide range of closely related investments in the process.Here's a sample of the most interesting Bitcoin-based gains:Stock or FundMax Intraday Price Gain on FridayMar ...

Product Launch - Canaan Inc announced the launch of two new Bitcoin mining devices, the Avalon Mini 3 and Avalon Nano 3S, at CES in Las Vegas [1] - The Avalon Mini 3 has a hashrate of 37.5Th/s and combines Bitcoin mining with home heating functionality [2] - The Avalon Nano 3S, an upgraded version of the Avalon Nano 3, has a hashrate of 6Th/s and is designed as an affordable, beginner-friendly mining device [3] Product Features - The Avalon Mini 3 offers a dual-purpose solution for efficient Bitcoin mining and home heating, with app-controlled operation and a sleek, quiet design [2] - The Avalon Nano 3S features a compact, portable design with low power consumption, making it ideal for individual users and supporting Bitcoin network decentralization [3] - The Avalon Mini 3's heat recycling capability allows users to offset energy costs and reduce environmental impact while mining Bitcoin [4] Company Vision - Canaan aims to make Bitcoin mining accessible to everyone through user-friendly, practical mining solutions [5] - The company envisions sustainable, multi-purpose technology that creates value while minimizing environmental waste [5] - The Avalon Mini 3 exemplifies this vision by generating cryptocurrency while heating homes [5] Pricing and Availability - The Avalon Nano 3S is priced at USD249 and the Avalon Mini 3 at USD899 during the preorder period until the end of February 2025 [6] - Preorders are available at https://canaan.io/avalonhome [6] Company Background - Canaan Inc is a technology company focused on ASIC high-performance computing chip design, R&D, computing equipment production, and software services [7] - In 2013, Canaan shipped the world's first batch of ASIC-based Bitcoin mining machines under the Avalon brand [7]

SINGAPORE, Jan. 6, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan U.S. Inc., a wholly owned subsidiary of the Company, has entered into a purchase agreement with a new, strategic United States customer for its Avalon A15XP miners. According to the purchase agreement, Canaan U.S. Inc. will provide the customer with 2800 air-cooled Avalon A15XP miners that will be added to its large mining fleet.  ...

DIEPPE, New Brunswick, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN) is pleased to announce a non-brokered private placement (the “Offering”) of: up to 7,500,000 flow-through units (each, an “FT Unit”), at $0.30 per FT Unit, for aggregate gross proceeds of up to $2,250,000; andup to 1,000,000 non flow-through units (each, an “NFT Unit”), at $0.25 per NFT Unit, for aggregate gross proceeds of up to $250,000. Each FT Unit shall be comprised of on ...

VANCOUVER, British Columbia, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Canadian Gold Resource Ltd. ("Canadian Gold" or the "Company”) (TSX.V: CAN) is pleased to announce the expansion of its Lac Arsenault property with the addition of 64 new claims, increasing its size by 36.62 square kilometres (3,662.2 hectares), nearly doubling the size of the existing property. This strategic acquisition targets key structural features associated with high-grade epithermal gold and silver mineralization. Expansion and Explorati ...

Provides 2000 A15 Hydro Bitcoin mining machines in initial orderContinues global expansion with addition of new customerSINGAPORE, Dec. 12, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. ("CCG"), a wholly owned Singapore subsidiary of the Company, has entered into a purchase agreement with AGM Group Holdings Inc. ("AGMH"), an integrated technology company specializing i ...

VANCOUVER, British Columbia, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN) (formerly “Amseco Exploration Ltd.”) is pleased to announce that the common shares of the Company will officially commence trading on the TSX Venture Exchange (“TSXV”) under the trading symbol “CAN” and new CUSIP #13585U109, as of market open today, Thursday, December 12, 2024. “The listing marks a significant milestone for Canadian Gold, providing the Company with great ...