Cancana Resources Corp.

TORONTO, ONTARIO--(Marketwired - May 8, 2014) - Cancana Resources Corp. (TSX VENTURE:CNY) (the "Company" or "Cancana") is pleased to provide an update on the mining operations at its Valdirão Manganese mine area. Further to our News Release on November 25, 2013, Cancana had obtained from the Departamento Nacional de Produção Mineral, (Department of Mines for Mineral Production), ("DNPM"), a Guia De Utiliacão, or Trial Mining License, ("Guia"), on its 886241/2011 Manganese claim, known as "Valdirão" and had commenced this trial mining operations in early November 2013. Cancana developed a mining plan that allows for the mining and excavation operations at the top of the ridge or the highest point within the active a... [...]

TORONTO, ONTARIO--(Marketwired - Apr 29, 2014) - Cancana Resources Corp. (TSX VENTURE:CNY) (the "Company" or "Cancana") is pleased to announce that an application has been approved by the Toronto Venture Exchange to extend the term of the 770,000 warrants issued by the Company on May 11, 2012 (the "Warrants"). The Warrants were scheduled to expire on May 11, 2014, but will now expire on May 11, 2015. All other terms [...]

TORONTO, ONTARIO--(Marketwired - Apr 28, 2014) - Cancana Resources Corp. (TSX VENTURE:CNY) (the "Company" or "Cancana") is pleased to announce that the board of directors of the Company has approved the grant of an aggregate of 3,500,000 options (the "Options") to purchase common shares of the Company to the directors of the Company. The Option are exercisable at a price of $0.23 per common share and on such terms [...]

Cancana Resources is pleased to announce that on April 17, 2014 the shareholders of Cancana approved the Rio Madeira Transactions (as defined below), and that on April 23, 2014 Cancana closed non-brokered private placement offerings of Units and Debentures with Ferrometals BV for aggregate gross proceeds of CDN$1.7 million and US$4.15 million, respectively, and, effective immediately upon closing of the Offerings (as [...]

Ferrometals announces that, in connection with a financing announced by Cancana Resources on February 25, 2014, it acquired ownership and control over (i) 8,500,000 units of Cancana and (ii) a convertible secured debenture in a principal aggregate amount of US$4.15 million issued by Cancana, on April 23, 2014. Each Unit is comprised of one common share in the capital of Cancana and one common share purchase warrant [...]

Cancana Resources announces that the board of directors of the Company, after discussions with Ferrometals (as defined below) and The Sentient Group, has determined to withdraw and defer the shareholder vote on the special resolution with respect to the transfer of the Company's interest in MLB (as defined below) from the business to be voted on at the special meeting of the shareholders of Cancana (the "Meeting") to [...]

Cancana Resources has filed on www.sedar.com a National Instrument 43-101 compliant Technical Report on Rio Madeira Comercio Importacao E Exportacao De Minerios. The filing of the 43-101 is being made in connection with the proposed transaction and term sheet and subsequent amendment thereto. The independent Technical Report entitled "Technical Report - Rio Madeira Comercio Importacao E Exportacao De Minerios [...]

Cancana Resources has closed a non‐brokered private placement of Units. Cancana is pleased to announce that it has closed today the non‐brokered private placement offering previously announced in the Company's press release of February 25, 2014, for aggregate gross proceeds of C$1,726,138.35. The Company issued an aggregate of 6,393,105 units at a price of C$0.27 per Unit. Each Unit consists of one common share in [...]

Cancana Resources has closed a non-brokered private placement of Units, agreed to certain non-material amendments to the previously announced binding term sheet with The Sentient Group and appointed Jonathan Richards as CFO of Cancana. Cancana is pleased to announce that, effective February 24, 2014, it has closed a non-brokered private placement offering for aggregate gross proceeds of approximately C$1,500,000. The [...]

TORONTO, ONTARIO--(Marketwired - Feb 12, 2014) - Cancana Resources Corp. (TSX VENTURE:CNY) (the "Company" or "Cancana") is pleased to announce that it has been recognized by the TSX Venture Exchange as one of the 2013 TSX Venture 50 companies, which is a ranking of strong performing companies listed on TSX Venture Exchange. These companies have shown impressive results in key measures of market performance and are [...]