Canagold Resources Ltd. closed a $4M financing round with proceeds from flow-through and common shares. The funds will support exploration and working capital needs.
Aug 18, 2025•about 9 hours ago
Amount Raised
$4 Million
Investors
Sun Valley Investments Ag
Description
Canagold Resources Ltd has closed a financing totaling $4,000,000. The funds raised will be used for Canadian exploration expenses and working capital. Sun Valley Investments AG was one of the key investors involved in this financing round. The company is seeking final approval from the Toronto Stock Exchange.
Funding Insights
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers