Stroud Resources Ltd. is pleased to announce that its drilling permit application has been approved by the Mexican Mining Authority for its Santo Domingo Silver Property , located in Hostotipaquillo Region of Jalisco, Mexico. The Company expects to start drilling the week of March 1, 2021. The Drilling Permit covers 13 drill pad locations [...]
Stroud Resources Ltd. is pleased to announce the appointment of Mr. Jeff Kennedy to the Board of Directors as an independent non-executive director and Chairman of the Audit Committee. Howard Atkinson, Chairman of the Board of the Company, commented, "We are delighted to welcome Jeff Kennedy to the Stroud Board. Jeff's financial expertise and [...]
Stroud Resources Ltd. is pleased to announce that it held an annual and special meeting of its shareholders on November 13, 2020 in order to, among other things, approve the private placement of July 30, 2020 where 7,500,000 Units of the Company were purchased by 2176423 Ontario Ltd., a corporation which is beneficially owned by Mr. Eric Sprott as [...]
Stroud Resources Ltd. is pleased to announce that its drilling permit application is in the final approval stage with the Mexican mining authority for its Santo Domingo Silver Property , located in Hostotipaquillo region of Jalisco, Mexico. Stroud submitted its drilling permit application in respect of its Santo Domingo Property in mid July when [...]
Eric Sprott announces his holdings of securities of Stroud Resources Ltd., all of which are held through 2176423 Ontario Ltd., a corporation which is beneficially owned by him. Mr. Sprott beneficially owns and controls 20,833,333 common shares of Stroud Resources and 8,194,444 Share purchase warrants , representing approximately 47% of the issued [...]
Stroud Resources Ltd. is pleased to announce that it has closed a non-brokered private placement of gross proceeds of $3,000,000. The Company issued 7,500,000 units at $0.40 per Unit for proceeds of $3,000,000. Each Unit consists of one common share of the Company and one-half common share purchase warrant . Each whole Warrant is exercisable to [...]
Stroud Resources Ltd. announces its intention to issue up to 7,500,000 units at $0.40 per unit for gross proceeds of up to $3,000,000. Each Unit will be comprised of one common share and one-half of one common share purchase warrant, with each whole warrant exercisable into one common share at a price of $0.60 for a period of one year from closing [...]
Stroud Resources Ltd. today announced in accordance with Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements of the Ontario Securities Commission , which was adopted for the purpose of providing certain filing and other relief to issuers in light of the challenges posted by the COVID-19 pandemic, that it will [...]
Stroud Resources Ltd. announces that the Mexican government has laid out a path to return to the “New Normal” which includes fully restarting mining activities effective June 1, 2020. Scott Jobin-Bevans, CEO of Stroud, commented, “We look forward to finally being able to move ahead with our exploration plans and drilling program at the Santo [...]
Stroud Resources Ltd. today announced in accordance with Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements of the Ontario Securities Commission , which was adopted for the purpose of providing certain filing and other relief to issuers in light of the challenges posted by the COVID-19 pandemic, that it will [...]
Stroud Resources Ltd. is pleased to announce that it has closed the final tranche of its non-brokered private placement for gross proceeds of $2,000,000 . The Private Placement consisted of two tranches, pursuant to which the Company issued units at $0.15 per Unit, with each Unit consisting of one common share of the Company and ⅓ common share purchase warrant . Each whole Warrant issued in the first tranche which closed on August 30, 2019 is exercisable to purchase one Common Share [...]
Stroud Resources Ltd. is pleased to announce it has reached an agreement to reduce the future royalty payable on its Santo Domingo silver property in Jalisco, Mexico . The royalty has been reduced from 1% to 0.5% of net smelter returns, and the maximum amount has been reduced from USD $2,320,000 to a maximum of USD $1,160,000. Stroud has the right [...]
