CAN) engages Alliance Advisors IR for investor relations services and retains Integral Wealth Securities as Investing.com’s Market Maker

DIEPPE, New Brunswick (NYSE: ), Jan. 20, 2025 (GLOBE NEWSWIRE) — Canadian Gold Resources Ltd . (“Canadian Gold” or the “Company”) (TSXV: CAN), a Canadian exploration company focused on the development of high-grade gold projects in the Gaspé Gold Belt in Quebec, is pleased to announce that it has entered into an Alliance Agreement with Alliance Advisors Investor Relations (Alliance) and retained Integral Wealth Securities Limited (Integral) to provide market making services (Integral Agreement) in accordance with the policies of the TSX Venture Exchange (TSXV). The partnerships aim to improve Canadian Gold’s communications with the investment community and increase visibility within the resource sector.

The partnership with Alliance and Integral represents an important milestone for Canadian Gold Resources, said Ron Goguen, president, president and CEO of Canadian Gold. Alliance’s strategic communications expertise, paired with Integral’s focus on improving market dynamics, will help us strengthen investor relations, improve trading activity and effectively showcase the potential of our projects.

We are excited to partner with Canadian Gold Resources as it continues to build momentum in the resources sector, said Alyssa Barry, President of Investor Relations at Alliance Advisors. With a unique portfolio of projects and an experienced leadership team, we look forward to helping them connect with investors and effectively communicate their vision to the market.

Pursuant to an agreement dated November 1, 2024, entered into with Alliance through the acquisition of IR Labs Inc., Alliance agreed to provide the company with investor relations and communications services in exchange for a monthly fee of C$10,000. Services include development and management of public/media, social media and stakeholder relations. The duration of the contract is for a period of 12 months ending on October 31, 2025.

Canadian Gold has also retained Integral Wealth Securities to provide market making services with the objective of enhancing liquidity and improving the trading environment for the Company’s shares.

Integral Wealth Securities will trade Canadian gold shares on the TSX Venture Exchange in accordance with applicable policies to ensure a fair and orderly market. The integral contract has an initial term of three (3) months commencing on December 1, 2024 (initial term) and will be renewable on a month-to-month basis at the Company’s discretion. The Company may terminate the engagement with 30 days prior written notice. A monthly fee of C$5,500 (plus HST) will be paid to Integral. There are no performance factors contained in the Integral Agreement and no security-based compensation in connection with the engagement.

Integral and its clients may acquire an interest in the Company’s securities in the future. Integral is a party to the Company’s market conditions. Integral will be responsible for the costs of buying and selling the Company’s ordinary shares and no third party will provide funds or securities for market maintenance activities.

The Alliance and Integral Agreements are subject to acceptance by the TSX Venture Exchange.

For more information, visit www.cdngold.com.

About Canadian Gold Resources Ltd.
Canadian Gold Resources Ltd. (TSXV: CAN) is a Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt in Quebec. The company targets underexplored, historically productive properties with significant growth potential, using modern exploration techniques to unlock value. With a team of experienced professionals and a commitment to sustainability and community engagement, Canadian Gold Resources is well positioned to capitalize on opportunities within this historic and promising gold region. For more information, visit www.cdngold.com.

About Alliance Advisors IR
Headquartered in the US and Canada, Alliance Advisors Investor Relations executes strategic IR programs to meet the specific needs of clients in a variety of sectors. Leveraging industry best practices and contemporary investor strategies, the firm’s experienced professionals help clients navigate complex markets, drive shareholder engagement and support their strategic growth on a global scale. Alliance Advisors IR is a division of Alliance Advisors, a global leader in shareholder engagement and governance consulting. For more information, visit https://allianceadvisorsir.com/.

About Integral
Integral Wealth Securities Limited is a national CIRO licensed independent investment dealer. Founded in 2003, the firm has established capabilities in market making, asset management and investment banking. The company’s FINRA-regulated US broker-dealer subsidiary, Integral Wealth Securities LLC, engages in investment banking and private placements. For more information, visit https://integralwealth.com/ca/.

For additional information, please contact:
Ronald Gauguin
Chairman, President & CEO
Canadian Gold Resources Ltd.
rongoguen@cdngold.com
506-383-4274

Investor relations
Susan Xu
investors@cdngold.com

Neither the TSX Venture Exchange nor its regulatory service provider (as that term is defined in the TSX Venture Exchange Rules) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements
This press release contains statements that constitute forward-looking information (forward-looking information) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as of the date of this news release. Any statement that speaks of predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using expressions such as expected or not expected, expected, predicted or not predicted, plans , budget , planned, forecasts, estimates, believes or intends or variations of such words and phrases or stating that certain actions, events or results may or could, would, could or will be believed to occur or be achieved) are not statements of historical fact and may be forward-looking information. Forward-looking statements in this press release include statements regarding the Offering and the use of proceeds from the Offering. When publishing the forward-looking information contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations contained in such forward-looking information are reasonable, it cannot guarantee that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties and other factors that could cause actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: compliance with extensive government regulations; domestic and foreign laws and regulations that negatively affect the Company’s operations and results; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, the Company disclaims any intention and undertakes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors influencing such predictions – information seeking or otherwise.

Source: Canadian Gold Resources Ltd