Canagold Resources Ltd. (TSX:CCM) agreed to acquire Lac Arsenault Project from 1844 Resources Inc. (TSXV:EFF) for CAD 0.6 million on December 6, 2022. The Purchase Price for the Mining Claims is CAD 0.6 million, CAD 0.1 million in cash to be provided to 1844 on the Closing Date and CAD 0.5 million shares to be provided to 1844 on the closing Date.

Canagold Resources Ltd. (TSX:CCM) completed the acquisition of Lac Arsenault Project from 1844 Resources Inc. (TSXV:EFF) on April 10, 2024.