Spruce Ridge Resources announces it has extended the expiry date of its previously announced private placement (see Press Release September 13th, 2016). The closing date will now be on or before December 14, 2016. The Private Placement is subject to TSX Venture Exchange approval.
Spruce Ridge Resources announces it has closed the first tranche of its previously announced brokered private placement dated September 13, 2016 for aggregate proceeds of $87,500 and issued 1,750,000 units priced at $0.05 per Unit with each Unit consisting of one common share in the capital of the Company and one common share purchase warrant. Each whole warrant entitles its holder to purchase one common share in the [...]
Spruce Ridge Resources announces that is has closed the lead order private placement of $188,500 from Palisade Global Investments Ltd. as announced on September 15, 2016. A total of 3,777,000 Units were acquired at $0.05 per Unit. Each Unit will consist of one common share of the company and one common share purchase warrant. Each warrant will be exercisable to acquire one common share of the Company at an exercise [...]
Spruce Ridge Resources is pleased to announce that Palisade Global Investments Ltd. is investing $188,500 as the lead order in the $500,000 Non-Brokered private placement announced September 13, 2016. Palisade is acquiring 3,770,000 units at a price of five cents per Unit. Each Unit will consist of one common share of the company and one common share purchase warrant of the Company. Each warrant will be exercisable to [...]
Spruce Ridge Resources announces a private placement of up to 26 million Units at a price of five cents per Unit for gross proceeds to the Company of up to $1,300,000. Each Unit will consist of one common share of the company and one common share purchase warrant of the Company. Each warrant will be exercisable to acquire one common share of the Company at an exercise price of five cents for a period of five years from [...]
Spruce Ridge Resources announces it has extended the expiry date of its previously announced private placement (see Press Release May 9th, 2016). The closing date will now be on or before September 19, 2016. The Private Placement is subject to TSX Venture Exchange approval.
Spruce Ridge Resources announces it has extended the expiry date of its previously announced private placement (see Press Release May 9th, 2016). The closing date will now be on or before August 19, 2016. The Private Placement is subject to TSX Venture Exchange approval.
Spruce Ridge announces an updated mineral resource estimate at the Great Burnt Project’s South Pond “A” Zone that now includes a gold resource and an increased copper resource. The Great Burnt Project is located in Newfoundland, Canada and consists of four prospective copper and gold zones. In September, 2015, Spruce Ridge completed a program of re-sampling of archived core from South Pond for gold as well as base metals [...]
Spruce Ridge Resources Limited announces it has extended the expiry date of its previously announced private placement (see Press Release May 9th, 2016). The closing date will now be on or before July 20, 2016. The Private Placement is subject to TSX Venture Exchange approval.
Spruce Ridge Resources announces it has closed the first tranche of its previously announced private placement dated May 9, 2016 for aggregate proceeds of $200,000 and issued 4,000,000 units priced at $0.05 per Unit with each Unit consisting of one common share in the capital of the Company and one common share purchase warrant. Each whole warrant entitles its holder to purchase one common share in the capital of the [...]
Spruce Ridge Resources announces it has established an independent special strategic committee. The SSC is mandated to evaluate strategic alternatives regarding the Company’s Great Burnt Copper/Gold project located in central Newfoundland, to deliver recommendations to the Board, and to negotiate potential transactions which may materialize and which may be confirmed by the Board as being in the best interests of the [...]
Wellington County, Ontario (FSCwire) - Spruce Ridge Resources Ltd. (TSXV: SHL) ("Spruce Ridge”) - During its late-winter exploratory diamond drilling program on the Great Burnt property in central Newfoundland, Spruce Ridge drilled four holes into the Main Zone of the Great Burnt Copper Deposit to obtain core for bench-scale metallurgical testing. The four holes were all positioned to “twin” an [...]