An anonymous director reports
CANUC COMPLETES SHARE CONSOLIDATION
Pursuant to a news release dated Feb. 12, 2026, Canuc Resources Corp.'s common shares have been consolidated at a ratio of 10 preconsolidation shares to one postconsolidation share. The common shares will begin trading on a postconsolidation basis on the TSX Venture Exchange at market open on Feb. 18, 2026. The company's new Cusip number is 138909502, and new ISIN is CA1389095029.
The company has 28,453,148 common shares issued and outstanding, and all outstanding warrants and incentive stock options have been adjusted to increase their exercise price by a factor of 10 and to reduce the number of common shares issued upon exercise by dividing by 10.
About Canuc Resources Corp.
Canuc is a junior resource company developing its 100-per-cent interest in the East Sudbury project, which spans 19,710 hectares and is centred approximately 20 kilometres northeast of the prolific Sudbury mining camp and near the extensive infrastructure of the adjacent Sudbury mining district. ESP encompasses several centres of critical and precious metal mineralization interpreted to be related to a mineral system that can form iron oxide copper/gold and affiliated critical and precious mineral deposits. Included within the project is the historical Scadding gold mine and associated Scadding gold tailings project.
Canuc also holds a 100-per-cent interest in the San Javier silver-gold project located in Sonora state, Mexico. The San Javier silver-gold project spans 28 claims covering 1,052 hectares and evidences extensive silver, gold and copper mineralization interpreted to be related to a mineral system that can form silver-dominant IOCG and affiliated deposits.
Canuc generates cash flow from natural gas production at its MidTex energy project located in central-west Texas, United States, where Canuc has an interest in eight producing natural gas wells and has rights for further infield developments. The company also receives a 4-per-cent net smelter royalty from gold production at the Scadding gold tailings project located on mining claim LEA 107735 within the ESP property group.
We seek Safe Harbor.
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