Spruce Ridge Resources Ltd. (SRCGF)
- GlobeNewswire
Spruce Ridge Enters into Settlement with Former CEO
TORONTO, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Spruce Ridge Resources Ltd. (“Spruce Ridge” or the “Company”) (TSX-V: SHL) 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
- GlobeNewswire
Spruce Ridge Resources Ltd. Completes Private Placement Financing
TORONTO, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Spruce Ridge Resources Ltd. (“Spruce” or the “Company”) (TSXV: SHL) is pleased to announce that it has closed the previously announced non-brokered private placement of 30,000,000 units (“Units”), which were sold at $0.05 per Unit for gross proceeds of $1,500,000 (the “Offering”). Each Unit consists of one common share (“Common Share”) and one half of a common share purchase warrant. Each whole common share purchase warrant (“Warrant”) entitles the hold
- GlobeNewswire
Spruce Ridge Resources Ltd. Announces Stock Option and RSU Grant
TORONTO, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Spruce Ridge Resources Ltd. (“Spruce” or the “Company”) (TSXV: SHL) announces the Company has granted a total of 9,250,000 incentive stock options (the “Options”) to purchase common shares of the Company (“Common Shares”) to certain directors and officers of the Company pursuant to the Company’s long-term incentive plan (the “LTIP”). Each Option is exercisable into one Common Share at an exercise price of $0.08 per Common Share for a period of three (3)
