VANCOUVER, British Columbia, Nov. 26, 2021 (Globe NEWSWIRE) — Canasil Sources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) announces closing of a non-brokered personal placement (the “Placement”) of 4,350,000 Units at $.125 for every Device for $543,750, and 1,100,000 Flow By (“FT”) Shares at $.15 per FT Share for $165,000, for overall proceeds of $708,750 productive November 15 and 25, 2021. The Placement was to begin with introduced for $500,000 and subsequently amplified to $650,000 via information releases dated Oct. 19 and Oct. 22, 2021. The closing of the Placement is issue to final acceptance by the TSX Enterprise Exchange. The securities issued in relationship with the Placement are topic to keep durations expiring 4 months and one working day just after the date of issuance. Finder’s costs of 6% for a total of $19,350 are payable on aspect of the proceeds of the Placement.