Canadian North Resources Receives $2,155,797 from Early Exercise of Warrants from Major Shareholders

TORONTO, July 05, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. ("the Company," TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce that KRE Development Co. Ltd ("KRE"), the biggest shareholder of the Company has elected to exercise their warrants ahead of the scheduled expiration of December 31, 2023. KRE is an investment company registered in Ontario, Canada, owned by two Directors of the Company.

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