Canuc Announces New Board Member Canuc Resources Corporation (“Canuc” or the “Company”) (TSX-V: CDA) (OTCQB: CNUCF) is pleased to announce that Mr. Kevin Olson has joined the Company’s Board of Directors. Mr. Olson is an active member of the Society of Petroleum Engineers (SPE). He has more than
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FOR IMMEDIATE RELEASE TSX-V: CDA | CNUCF | WKN: A14 ZX4
May 22nd, 2025 Shares Outstanding: 265,774,584
ISIN: CA1389093040
Canuc Announces New Board Member
Canuc Resources Corporation (“Canuc” or the “Company”) (TSX-V: CDA) (OTCQB: CNUCF)
is pleased to announce that Mr. Kevin Olson has joined the Company’s Board of Directors.
Mr. Olson is an active member of the Society of Petroleum Engineers (SPE). He has more than
two decades of experience driving technology and innovation in the oil and gas industry and has
recently served as Director of Global Sales at Core Lab oratories N.V., a reservoir optimization
leader. In this role Kevin had notable success developing business expansion across the Permian
Basin in Texas, and in the Middle East.
Kevin holds a B. Comm from the University of Calgary. He has a track record of success leading
cross-functional teams to identify, develop and launch new technologies in the oil and gas industry.
“We are pleased that Kevin is able to join Canuc’s Board of Directors. Kevin’s experience and
familiarity with oil and gas technologies and his extensive professional network will benefit Canuc
as we expand in-field developments at the company’s natural gas producing assets in West Texas,
and as we continue to explore cash flow opportunities in order to protect our shareholders from
unnecessary dilution,” stated Chris Berlet, CEO and Director of Canuc.
The Company also announces the resignation of Mr. Paul Davis BSc (Hon), MSc from the
Company’s Board of Directors . The Company would like to thank Paul for his professionalism
and service during the period of his tenure on the Board.
About Canuc Resources Corp.
Canuc Resources Corporation is a junior resource company developing its 100% owned Scadding,
Powerline, Jovan Project (the “SPJ Project”) spanning 19,710 hectares situated approximately 40
kilometers northeast of the Prolific Sudbury Mining Camp and near to the extensive infrastructure
of the adjacent Sudbury Mining District. The SPJ Project encompasses several centers of critical
and precious metal mineralization interpreted to be related to a mineral system that can form IOCG
and affiliated critical and p recious mineral deposits. Included within the Project is the historical
Scadding Gold Mine and associated gold mineralized system and gold bearing tailings.
Canuc Resources Corporation also holds a 100% 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.
The company also generates cash flow from natural gas production at its MidTex Energy Project
located in Central West Texas, USA where Canuc has an interest in eight (8) producing natural gas
wells and has rights for further in field developments.
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For further information please contact:
Canuc Resources Corporation
(416) 525 – 6869
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the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government
regulations could also affect the results. Other risks may be set o ut in the Corporation’ s annual financial statements,
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