TSX Venture Exchange
Shares Outstanding: 43,504,598
TORONTO, Jan. 13 /CNW/ - Canuc Resources Corporation ("Canuc" or the
"Company") wishes to announce the resignation of Mr. Hubert Mockler as
President and CEO of the corporation effective immediately. Mr.
Mockler, who has been instrumental in Canuc's activities in Ecuador
since 1995, will remain with the corporation filling the newly created
role of Vice - Chairman.
The Board would like to thank Mr. Mockler for his contribution to
Canuc's development and looks forward to his guidance as exploration
continues in Ecuador.
Canuc would also like to report that the Board of Directors has approved
the appointment of Mr. Gary Lohman as President, CEO and Director. Mr.
Lohman has resigned as the COO of the corporation.
Canuc is a junior mining exploration company with its principal
properties located in Ecuador and Nova Scotia. Canuc's main holding
today is an approximate 85% interest in the Nambija Gold deposit
located in south-eastern Ecuador. According to records obtained from
the Central Bank of Ecuador, it is estimated that, to date, nearly 3
million ounces of gold have been produced using the most primitive of
mining and milling recovery processes from the Nambija area.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy of this release.
SOURCE Canuc Resources Corporation
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