Spruce Ridge Resources is pleased to announce that it has recently received from Noble Mineral Exploration, the results of the Artificial Intelligence (AI) carried out by Albert Mining on Spruce Ridge’s recently acquired Crawford Township property. Albert Mining of Brossard, used their proprietary Computer Aided Resources Detection Software “Artificial Intelligence” Technology and Data Mining Techniques to further enhance [...]
Spruce Ridge Resources is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement for gross proceeds of $101,000, consisting of 2,525,000 units at a price of $0.04 per unit. To date $322,000 has been raised. Each unit under the Placement consists of one common share and one whole warrant. Each warrant will entitle the holder to purchase one additional common [...]
Spruce Ridge Resources is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement for gross proceeds of $221,000, consisting of 5,525,000 units at a price of $0.04 per unit. Each unit under the Placement consists of one common share and one whole warrant. Each warrant will entitle the holder to purchase one additional common share of the Company at an exercise [...]
Spruce Ridge Resources is pleased to announce that it has signed an Option and Joint Venture Agreement with Noble Mineral Exploration Inc. to earn a 75 percent interest in specific target areas having a size of up to 2000 hectares in Noble’s 9,000-hectare Crawford Township property, which comprises part of Noble’s ~70,000 hectare Project 81. The Crawford Property lies approximately14 kilometres north of Glencore Canada’s [...]
Spruce Ridge Resources Ltd. is pleased to announce that it intends to complete a non-brokered private placement financing of up to 12,500,000 units at a price of $0.04 per Unit, for total gross proceeds to the Company of up to $500,000. Each Unit shall consist of one common share in the capital of the Company (a “Share”) and one common share purchase warrant. Each Warrant shall entitle the holder to acquire one common [...]
Spruce Ridge Resources is pleased to announce that it has signed a binding Letter of Intent with Noble Mineral Exploration to earn a 75 percent interest in specific target areas having a size of up to 2000 hectares in Noble’s 9,000-hectare Crawford Township property, which comprises part of Noble’s Project 81. The Crawford Property lies approximately 13 km north of Glencore Canada’s world class Kidd Creek [...]
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.
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