Spruce Ridge Resources Ltd. announces that the Company intends to complete a non-brokered private placement of flow-through shares . The flow-through shares are priced at $0.14 per flow-through share for gross proceeds of up to $1,400,000 . The Company also announces the first tranche closing of $610,000 and issuing 4,357,142 flow through shares [...]
Spruce Ridge Resources Ltd. is pleased to announce the results of its 2020 Annual general of shareholders held on December 30, 2020. Results of the Meeting At the Meeting, the shareholders: Approved the election of the directors proposed by management of the Company, namely: Marc Askenasi, Colin Bowdidge, Michael Dehn, Zoran Popovic and John Ryan [...]
Spruce Ridge Resources Ltd. is pleased to announce assay results of a second hole - GB20-20 - of the recently completed 3,100-metre infill drilling program of the Great Burnt Main Zone copper deposit on the wholly-owned Great Burnt project in central Newfoundland. Hole GB20-20, like hole GB20-05, was selected for rush assaying because of the [...]
Spruce Ridge Resources Ltd. is pleased to announce the completion of a 22-hole, 3100-metre program of infill diamond drilling on its wholly-owned Great Burnt copper deposit in central Newfoundland. Core from drill hole GB20-05 was selected for assaying on a priority basis because it included sections of unusually high grade copper mineralization [...]
Spruce Ridge Resources Ltd. is pleased to announce that diamond drilling will begin next week on its 100% owned Great Burnt copper-gold Volcanogenic Massive Sulphide property in South Central Newfoundland. The drill program will comprise approximately 3,500 metres. Highlights from the 2018 infill drilling on the Great Burnt Main Zone include 20.94 [...]
Spruce Ridge Resources Ltd. is pleased to announce that effective September 8, 2020 it has entered into Amended Option Agreements with Magna Terra Minerals Inc. for both the Viking and Kramer Properties situated near the communities of Pollard's Point and Sop's Arm in White Bay, Newfoundland. The original Option Agreements for the Properties were [...]
Spruce Ridge Resources Ltd. - is pleased to announce that the previously announced dividend-in-kind of 2,500,000 shares of Canada Nickel Company Inc. held by the Company has been distributed to its shareholders as a direct deposit to their broker accounts or by Direct Registration Statement. Following completion of the share distribution, Spruce [...]
Spruce Ridge Resources Ltd. - announces an update to the dividend-in-kind of 2,500,000 of the 10,600,000 common shares of Canada Nickel Company Inc. held by Spruce Ridge, previously announced on June 23, 2020 and June 26, 2020. Following the announcement of the Dividend, a number of outstanding warrants to purchase common shares of the Company were [...]
Spruce Ridge Resources Ltd. is pleased to present this update on the Company's mineral exploration activities. Additional Infill Drilling on the Great Burnt Copper Deposit: The Company is planning to immediately commence a 3,000 metre program of infill diamond drilling on the Great Burnt Copper Deposit in central Newfoundland. The program is [...]
Spruce Ridge Resources Ltd. - is pleased to announce that its board of directors has declared a dividend-in-kind of 2,500,000 of the 10,600,000 common shares of Canada Nickel Company Inc. held by Spruce Ridge. The Dividend is payable on August 28, 2020 to holders of record of Spruce Ridge shares at the close of business on July 6, 2020 . The CNC [...]
Not for Distribution to U.S. Newswire Services or for Release, Publication, Distribution or Dissemination Directly, or Indirectly, in Whole or in Part, in or into the United States Spruce Ridge Resources Ltd. - announces further to its news releases of October 1, 2019 and February 19, 2020, that 10,000,000 common shares of Canada Nickel Company [...]
Not for Distribution to U.S. Newswire Services or for Release, Publication, Distribution or Dissemination Directly, or Indirectly, in Whole or in Part, in or into the United States Spruce Ridge Resources Ltd. - is pleased to announce that further to its news release of October 1, 2019, the Company has entered into an agreement with [...]