Spruce Ridge Resources is pleased to announce that it has closed the acquisition of the Shamrock Nickel Sulphide Property. Steve Balch, President and CEO, stated, "Spruce is increasing its presence in the U.S. critical minerals market with the acquisition of an interesting nickel sulphide property where the grades of nickel and copper are both over 1.0% and where the mineralization is open along strike and at depth. We do [...]
Spruce Ridge Resources is pleased to announce it that it is now trading on the OTCQB Venture Market, effective today, March 20, 2024. Highlights of the announcement: Trading symbol on OTCQB is SRCGF. SRCGF is the same class ordinary shares to TSX Venture Exchange traded stock, not a synthetic. The shares are simply registered in two different registries. On-line brokers such as Ameritrade, Fidelity Investments, Glendale [...]
Spruce Ridge Resources is pleased to announce that it has staked several mining claims at Eight Dollar Mountain, an area containing nickel laterite. Steve Balch, President and CEO stated, "Eight Dollar should be considered a grass-roots property, but we know it contains nickel laterite from historic exploration. We now have four properties in Oregon, two with historical nickel resources, one with nickel sulphide [...]
Spruce Ridge Resources is pleased to announce that it has signed a binding letter of intent with Northwest Nickel Corp to acquire the Shamrock Nickel Sulphide Property. Steve Balch, President and CEO, stated, "Spruce is increasing its presence in the U.S. critical minerals market with the acquisition of an interesting nickel sulphide property where the grades of nickel and copper are both over 1.0% and where the [...]
Spruce Ridge Resources is pleased to announce that further to its press release dated Nov 16, 2023, the Company has completed its acquisition with RAB Capital Holdings of all the issued and outstanding securities of RFN Holdings Limited, which is the holder of an 80% interest in Homeland Nickel. Spruce Ridge now owns 80% of Homeland Nickel, which owns the Cleopatra and Red Flat nickel laterite deposits in southwest Oregon [...]
Spruce Ridge Resources is pleased to announce the appointment of Errol Farr, CPA, CMA as Corporate Secretary. Mr. Farr is a seasoned financial professional with over 35 years of experience in financial management and reporting, operations, business optimization and strategy development. He is the former CFO of Anaconda Mining. He is currently CFO, COO and Corporate Secretary of Zonetail, a marketing and technology company [...]
Spruce Ridge Resources announces that further to its press releases dated August 4, 2023 and August 23, 2023, the Company reached a settlement with the former CEO and director which includes a settlement payment of $180,000 plus HST and certain credit card expenses to the former CEO and director, and the transfer from the former CEO and director to the Company of 5 million shares of the Company with a value of $425,000 [...]
Spruce Ridge Resources Ltd. is pleased to announce that it has entered into a share purchase agreement with RAB Capital Holdings Limited , an arm's length party of the Company, dated Nov 10, 2023 for the acquisition of all the issued and outstanding securities of RFN Holdings. RFN is the holder of an 80% interest in Homeland Nickel, which holds a portfolio of mining claims in Oregon that comprise the Red Flat Property and [...]
Spruce Ridge Resources Ltd. is pleased to announce that, further to its news release of August 17, 2023, the Company has entered into an option agreement with Benton Resources Inc. dated September 20, 2023, pursuant to which Benton has an option to earn an undivided 70% interest in Spruce's Great Burnt Copper/Gold Property . Highlights of the Option Agreement Under the terms of the Option Agreement, Benton can earn a 70 [...]
Spruce Ridge Resources Ltd. announces that further to its press release dated August 4, 2023, upon taking control of the Company's records in August of 2022, current management was notified of funds owed to the Company by the former president and CEO, John Ryan. The amount owing has not been repaid and current management does not believe the funds were advanced for legitimate business purposes. The receivable was assessed [...]
Spruce Ridge Resources Ltd. is pleased to announce that it has signed a binding letter of intent with Benton Resources Inc. to enter into an option agreement whereby Benton can earn an undivided 70% interest in Spruce's Great Burnt Copper/Gold Property, comprised of six mineral licenses and one mining lease . Highlights of the Option Agreement Under the terms of the Option Agreement, Benton can earn a 70% undivided [...]
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 the TSXV at the open of market on August 11, 2023. Cautionary Statement [...]
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