Canagold Resources Ltd. announced that Mr. Mihai Draguleasa will join the Company as Chief Financial Officer, effective immediately. Mr. Draguleasa is a Chartered Professional Accountant (CPA) with over fifteen years of accounting experience. He earned his CPA in Vancouver, British Columbia, while working in the multinational public accounting firms Deloitte and Ernst & Young.

His mining related financial work experience at Deloitte and Ernst & Young included due diligence reviews, audits, and tax recoveries projects for large and medium mining companies. Mr. Draguleasa replaced Mr. Philip Yee, who has resigned from his CFO position with the Company.