AveragePenny
1 month ago
$CNRC CNRC Outlines Key Highlights for 2024 and Updates Shareholders for 2025
https://www.globenewswire.com/news-release/2024/12/30/3002663/0/en/CNRC-Outlines-Key-Highlights-for-2024-and-Updates-Shareholders-for-2025.html
CHARLESTON, W.Va., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Cunningham Natural Resources Corp (OTC:CNRC) updated shareholders with a summary of its recent business developments, significant achievements, as well as providing some insight for 2025 and beyond.
The company completed its name change to Cunningham Natural Resources Corp and a symbol change to CNRC;
The company completed an asset spinoff dividend to shareholders of Worldwide Diversified Holdings, Inc. ("WDHI") a majority owned subsidiary of CNRC and has filed for listing of the shares to be traded on the OTC Markets in the first quarter of 2025. The company is working with a potential market maker to file the required Form 211, under Rule 15c2-11 of the Securities Exchange Act of 1934, to commence trading.
CNRC portfolio company Cunningham Mining Ltd has announced that its Nugget Trap Gold Token (RWA Token) (NGTG + NGTG$$) is now listed on more than nine different exchanges, including a new listing on BitMart (www.bitmart.com). BitMart Exchange is a global digital assets trading platform with over 2.2 million users worldwide, daily trading volume of more than $4 Billion and is one of the top ten exchanges. Designed as a utility token, NGTG enables streamlined operations, loyalty rewards, and greater accessibility to digital mining tools for stakeholders. Built on blockchain technology, it serves as a bridge to digitize mining operations, improving transparency, efficiency, and collaboration across stakeholders.
Real-World Utility Tokens, such as the Nugget Trap Gold Token, enable innovative solutions for the mining industry by digitizing processes and creating efficiencies. Token holders who actively engage with the platform for six months will unlock special loyalty features, enhancing their experience within the mining industry's digital transformation.
CNRC owns 9% of Cunningham Mining Ltd and its ownership in the token is now valued, on a fully diluted basis, at approximately USD $1.00 per share of CNRC. This has provided CNRC shareholders with a significant increase in its asset base and a potential future liquidity event in 2025. GEM Digital recently signed a Subscription draw down for $336m USD for the Nugget Trap Gold Token (https://bit.ly/4hMVmBw).
The company also intends to file a restructuring to meet qualifications for a national exchange that is expected to be completed in the first quarter of 2025. All other requirements for uplisting will be submitted upon completion of regulatory review. The company looks forward to great success on a greater exchange where shareholder value can be maximized with potential dividends in place for 2025.
mick
1 month ago
***** #8 / #2 \/ Some interestng views here \/ $CNRC \/ December 31st, 2022, is $352 million dollars \/ $ENOR \/ 17% interest in Worldwide Diversified Holdings, Inc (“WDHI”) as a result of the spinoff
of the company’s non-energy assets.
https://cunninghamnaturalresources.com/operations/
Operations
At Cunningham Natural Resources (CNR), our efforts span beyond North America,
with projects in Africa, South America, and Southeast Asia
Rhino Energy Pty Ltd (“RHINO”)
CNRC has acquired a 40% interest in Rhino Energy Pty Ltd (“Rhino”). Rhino has a management team with global operational expertise having operated & non operated assets in 27 countries.
(http://www.rhinoenergy.com.au)
Cunningham Mining Ltd (“CML”)
CNRC has a 9% interest in Cunningham Mining Ltd (“CML”).
CE Energy Sponsors, LLC (“CEAC”)
CNRC owns 15% of CE Energy Sponsors, LLC, which is the sponsor of
CE Energy Acquisition Corp (“CEAC”) and has filed a registration statement for a $100 million dollar
special purpose acquisition corporation.
Worldwide Energy, Inc
CNRC owns 100% of Worldwide Energy, Inc as a Special Purpose Vehicle to acquire companies in energy and energy services, including energy transition opportunities.
Worldwide Diversified Holdings, Inc (“WDHI”)
CNRC has a 17% interest in Worldwide Diversified Holdings, Inc (“WDHI”) as a result of the spinoff
of the company’s non-energy assets.
WDHI is looking to acquire a diversified portfolio of minority and
controlling interests in businesses that WDHI believes
(i) operate in industries with long-term growth opportunities,
(ii) face minimal threats of technological or competitive obsolescence, and
(iii) have strong management teams largely in place.
WDHI will offer shareholders a unique opportunity of investments in diversified sectors.
(http://www.wdhinc.net)
mick
1 month ago
***** #7 / #2 \/ Some interestng views here \/ $CNRC \/ December 31st, 2022, is $352 million dollars \/ $ENOR
https://cunninghamnaturalresources.com/operations/
Operations
At Cunningham Natural Resources (CNR), our efforts span beyond North America,
with projects in Africa, South America, and Southeast Asia
Rhino Energy Pty Ltd (“RHINO”)
CNRC has acquired a 40% interest in Rhino Energy Pty Ltd (“Rhino”). Rhino has a management team with global operational expertise having operated & non operated assets in 27 countries.
Cunningham Mining Ltd (“CML”)
CNRC has a 9% interest in Cunningham Mining Ltd (“CML”).
CE Energy Sponsors, LLC (“CEAC”)
CNRC owns 15% of CE Energy Sponsors, LLC, which is the sponsor of
CE Energy Acquisition Corp (“CEAC”) and has filed a registration statement for a $100 million dollar
special purpose acquisition corporation.
CEAC intends to focus its search for a target business in the energy industry in North America,
Central, and South America. CEAC may also pursue an acquisition opportunity in renewable
energy which refers to energy from a source that is sustainable,
such as wind, hydropower, geothermal or solar power.
mick
1 month ago
***** #6 / #2 \/ Some interestng views here \/ $CNRC \/ December 31st, 2022, is $352 million dollars \/ $ENOR
https://cunninghamnaturalresources.com/operations/
Operations
At Cunningham Natural Resources (CNR), our efforts span beyond North America,
with projects in Africa, South America, and Southeast Asia
Rhino Energy Pty Ltd (“RHINO”)
CNRC has acquired a 40% interest in Rhino Energy Pty Ltd (“Rhino”). Rhino has a management team with global operational expertise having operated & non operated assets in 27 countries.
Cunningham Mining Ltd (“CML”)
CNRC has a 9% interest in Cunningham Mining Ltd (“CML”).
CML has completed the acquisition of the Placer Claims. Known as the ‘Nugget Trap Placer Mine”
in the British Columbia Mineral Title registry,
it covers 573.7 acres and the accompanying permits and authorizations (“Property”) that is situated
within the Skeena Mining Division of British Columbia, Canada, in the area known as BC’s Golden Triangle.
A recent independent assay, which includes data from a 25-pit test program,
indicated an average of over Au 25.54 grams gold per cubic meter of pay dirt as well as meaningful amounts of silver.
CML is in the process of permitting for a 15,000 cubic yard per annum pay dirt mining program
with the British Columbia Ministry of Mines.