Core Viewpoint - Canadian Gold Resources Ltd. has announced a new non-brokered listed issuer financing (LIFE Offering) after previous financing efforts expired, aiming to raise a total of $1,806,000 through the sale of units and flow-through units [1][2]. Financing Details - The LIFE Offering proposes to sell up to 7,000,000 NFT Units at $0.15 each for total proceeds of $1,050,000 and up to 4,200,000 FT Units at $0.18 each for total proceeds of $756,000 [2]. - Each NFT Unit consists of one common share and one common share purchase warrant, while each FT Unit consists of one flow-through common share and half a warrant [3]. Warrant Terms - Warrants allow holders to acquire common shares at C$0.22 for 36 months, with an acceleration clause if the share price exceeds $0.45 for ten consecutive trading days [4]. - The exercise of warrants is subject to a restrictive period to comply with dilution restrictions [4]. Trading and Hold Periods - Upon closing, the common shares from NFT and FT Units will be free trading in Canada, while shares from exercised warrants will also be free trading after the restrictive period [5]. Finder's Fees - Qualified finders will receive an 8% cash commission on gross proceeds and finder's warrants equal to 8% of the units sold, with similar terms to the main offering [6][11]. Regulatory Compliance - The offering will be conducted under the listed issuer financing exemption in Canada, excluding Quebec, with necessary filings made to regulatory authorities [7][8]. Concurrent Offerings - A concurrent non-brokered private placement (FT Placement Offering) aims to raise up to $1,296,000 by selling up to 7,200,000 flow-through units at $0.18 each [9]. Use of Proceeds - Proceeds from both offerings will be allocated for exploration and drilling on various projects, as well as for working capital, with specific funds designated for Canadian exploration expenses [14]. Corporate Presentation Updates - The company has amended its corporate presentation to remove certain projections and deficient property images, which can be accessed on its website [16]. Company Overview - Canadian Gold Resources Ltd. is a junior exploration company focused on advancing three high-grade gold properties in Quebec, with a strategy to leverage modern exploration techniques [17].