Canyon Resources' Form S-1 Registration Statement Declared Effective
07 Avril 2006 - 5:30PM
PR Newswire (US)
GOLDEN, Colo., April 7 /PRNewswire-FirstCall/ -- Canyon Resources
Corporation (AMEX:CAU), a Colorado-based mining company, is pleased
to announce that its Form S-1 Registration Statement filed December
23, 2005, and amended February 24, 2006 and March 28, 2006, became
effective April 7, 2006. A total of 9,380,727 shares of the
Company's common stock may be resold by certain selling
stockholders under this registration statement. Of this total,
3,800,004 shares were acquired by the selling stockholders pursuant
to either private placement or other transactions between the
Company and selling stockholders. In addition, up to 5,580,723
shares of common stock may be acquired at various prices per share
upon the exercise of warrants by the selling stockholders.
Specifically, this registration statement registers shares of
common stock underlying the warrants issued March 15, 2005,
exercisable at $1.03 per share; shares of common stock issued
December 2, 2005; and shares of common stock underlying the Series
A, B and C warrants issued December 2, 2005, exercisable at $1.30
per share; $1.08 per share and $0.76 per share, respectively. FOR
FURTHER INFORMATION, CONTACT: James Hesketh, President and CEO
(303) 278-8464 Valerie Kimball, Investor Relations (303) 278-8464
http://www.canyonresources.com/ DATASOURCE: Canyon Resources
Corporation CONTACT: James Hesketh, President and CEO, or Valerie
Kimball, Investor Relations, both of Canyon Resources Corporation,
+1-303-278-8464 Web site: http://www.canyonresources.com/
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