Stroud Resources Ltd. announces the maturity of its convertible debenture issued on May 29, 2023. On maturity the issuer was satisfied through the issuance of 6,000,000 units. The Company has converted a debenture in the amount of $600,000 with the issuance of 6,000,000 units. Each unit comprises one common share and one common share purchase warrant, with each warrant exercisable into one common share at a price of $0.10 [...]
Stroud Resources Ltd. has closed the first tranche of its previously announced non-brokered private placement. The Company issued a Convertible Debenture in the amount of $600,000. The Convertible Debentures bear interest of 14% and mature 90 days from issue. On Maturity, the Convertible Debentures convert to units at $0.10 per Unit. Each Unit will comprise one common share and one common share purchase warrant, with each [...]
Stroud Resources Ltd. announces a non-brokered private placement to raise up to C$1,500,000. The Company proposes to issue Convertible Debentures for gross proceeds of up to C$1,500,000. The Convertible Debentures bear interest of 14% and mature 90 days from issue. On Maturity, the Convertible Debentures convert to units at $0.10 per Unit. Each Unit will comprise one common share and one common share purchase warrant [...]
Stroud Resources Ltd. is pleased to provide a summary of its 2021-2022 drilling program, completed at its Santo Domingo Silver Property , located in the municipality of Hostotipaquillo, State of Jalisco, Mexico. The 2021-2022 exploration drilling program consisted of approximately 9,936 m in 32 diamond drill holes and selected results from this drilling are provided in Table 2. The drilling program was designed to explore [...]
Stroud Resources Ltd. has the following comments about recent OSC Allegations involving its director, William Jeffrey Kennedy. On November 09, 2022, the Ontario Securities Commission issued a Statement of Allegations involving William Jeffrey Kennedy, along with other market participants, regarding a capital market transaction that occurred in March 2017. Mr. Kennedy joined the Board of Stroud in January 2021. The full [...]
Stroud Resources Ltd. is pleased to announce the results of its Annual General Meeting and the conversion of debt into common shares of the corporation. The Company held an annual general meeting of shareholders on October 28, 2022 and at that Meeting all motions brought before the shareholders were approved. In particular Jeff Kennedy, Scott Jobin-Bevans and Mirsad Jakubovic were all re-elected to the Board of Directors [...]
Stroud Resources Ltd. is pleased to announce that it has begun its Phase 2 diamond drilling program on its Santo Domingo Silver Property , located in Hostotipaquillo Region of Jalisco, Mexico. A 3,500 m program is planned for this phase of drilling, targeting the newly discovered Zopilote Vein , the Guadalupe Vein and the La Raya Vein on which there is a current National Instrument 43-101 mineral resource estimate . In [...]
Stroud Resources Ltd. is pleased to report the latest round of core assay results from the drilling program at its Santo Domingo Silver Project , located in Hostotipaquillo, State of Jalisco, Mexico. The Property, consisting of two concessions that cover approximately 135 ha, is located within the area same area of concessions held by GoGold Resources Inc., who recently announced a planned 2022 drilling program to be [...]
Stroud Resources Ltd. is pleased to report the latest round of core assay results from the drilling program at its Santo Domingo Silver Project , located in Hostotipaquillo, State of Jalisco, Mexico. The Property, consisting of two concessions that cover approximately 135 ha, is located within the area same area of concessions held by GoGold Resources Inc., who recently announced a planned 2022 drilling program to be [...]
Stroud Resources Ltd. is pleased to report on results from 9 of 21 holes completed at its Santo Domingo Silver Property , located in Hostotipaquillo, State of Jalisco, Mexico. Several drill holes intersected silver grades exceeding 100 g/t Ag including drill hole SD-21-81 which returned 1.0 metres grading 1,187 g/t silver equivalent within an intersection of 9.95 metres grading 371.60 g/t AgEq . In its 2021 exploration [...]
Stroud Resources Ltd. is pleased to provide an update to its 2021 Phase 1 drilling program at its Santo Domingo Silver Property , located in Hostotipaquillo, State of Jalisco, Mexico. To date, the Company has completed 5,725 metres in 14 diamond drill holes as part of its Phase 1 exploration drilling program . The drilling program was designed to explore the extent of known vein-hosted silver mineralization on the [...]
Stroud Resources Ltd. confirms that a diamond drill rig will be on site as of April 8, 2021 at its Santo Domingo Silver Property , following earlier delays. The current demand for drilling services in Jalisco affected the previously arranged drill contractor's ability to disengage from a previous contract. With the new drilling contract in place, the Company will initiate Phase I of the drilling program consisting of [...]
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