Spruce Ridge Resources Ltd. is pleased to announce that further to its press release announcing the revocation of the cease-trade order dated August 4, 2023, the TSX Venture Exchange has lifted the trading halt imposed on the Company's common shares in connection with the CTO. The Common Shares are expected to resume trading on the facilities of [...]
Spruce Ridge Resources Ltd. is pleased to announce that on August 4th, 2023 the Ontario Securities Commission granted a full revocation of the failure-to-file cease-trade order issued against the Company on September 2, 2022. The Company had been subject to the CTO for failure to meet the deadlines to file the annual audited financial statements [...]
Spruce Ridge Resources Ltd. announces that further to its press release dated September 1, 2022 the Company has filed its audited annual financial statements for the year ended April 30, 2022, along with the related management's discussion and analysis, and CEO and CFO certifications . The full text of the Annual Filings is available on the [...]
Spruce Ridge Resources Ltd. announces that it anticipates that it will be issued a failure-to-file cease-trade order by the Ontario Securities Commission due to delays in filing the audited financial statements, CEO and CFO certifications, and management discussion and analysis for the year ended April 30, 2022 by the filing deadline of August 29 [...]
Spruce Ridge Resources Ltd. announces that, due to unforeseen workload requirements, Robert Suttie has resigned as Chief Financial Officer of the Company effective August 29, 2022 and will be replaced by Ashley Nadon. Ashley Nadon is a chartered professional accountant and holds a Bachelor of Arts degree from the University of Toronto, and an MBA [...]
Spruce Ridge Resources Ltd. announces that it expects that its audited financial statements, CEO and CFO certifications, and management discussion and analysis for the year ended April 30, 2022 will not be released as scheduled on August 29, 2022. The Company currently anticipates being able to disseminate the Annual Filings on or before September [...]
Spruce Ridge Resources Ltd. is pleased to announce that Spruce Ridge Oil & Gas Inc. a 100% owned subsidiary has signed a Letter of Intent with Original Oil, under which OOI will acquire 50% of the 4-section lease near Unity, Saskatchewan, and 10 oil wells held by Spruce Ridge Oil & Gas. OOI is a Lloydminster-based, seasoned, successful oilfield [...]
Spruce Ridge Resources is pleased to announce it is preparing for a diamond drilling program of up to 6,000 m on the South Pond copper and gold deposits on its 100 percent owned Great Burnt property. Equipment is being mobilized, and drilling is expected to start in mid-August. The South Pond "A" copper-gold zone was discovered and drilled in the [...]
Spruce Ridge Resources is pleased to announce the filing on SEDAR of a Preliminary Economic Assessment for its wholly-owned Great Burnt Copper-Gold project. Results of the PEA were previously announced in a Company news release dated February 23, 2022. The PEA, titled "Updated Mineral Resource Estimate and Preliminary Economic Assessment of the [...]
Spruce Ridge Resources Ltd. is pleased to announce gold assay results for all core samples from its 2021 diamond drilling program on the South Pond "B" gold zone, on its wholly-owned Great Burnt property in Central Newfoundland. The results feature wide intervals of gold, including: 51.00 metres averaging 1.69 grams of gold per tonne in hole [...]
Spruce Ridge Resources Ltd. is pleased to announce that it has received milestone option payments from Magna Terra Minerals Inc. per the Amended Option Agreements for the Viking and Kramer Properties. The option payment consideration of $75,000 consisted of a cash payment of $51,388.78 as well as the issuance by Magna Terra to Spruce Ridge of [...]
Spruce Ridge Resources is pleased to announce that it has received the results of a Preliminary Economic Assessment on the Company's wholly-owned Great Burnt Copper-Gold Project. The PEA is incorporated in a Technical Report, with an updated Mineral Resource Estimate that has an Effective Date of January 17th, 2022, prepared by P&E Mining [...]