Stroud Resources Ltd. is pleased to announce that it will hold a meeting of shareholders on October 22, 2019 at 10 am. Please refer to the Notice of Meeting filed with SEDAR for more information. The Company also announced that, subject to regulatory approval, it has granted incentive stock options to directors, officers and consultants of the Company to purchase an aggregate of 630,000 common shares under the Company's [...]
Stroud Resources Ltd. is pleased to announce it has come to an agreement with Eagle Graphite Incorporated to reduce the future royalty payable on its Santo Domingo silver property in Jalisco, Mexico . The royalty has been reduced from 5% to 2.5% of net smelter returns, and the maximum amount has been reduced from CAD $1,000,000 to a maximum of CAD$500,000. Stroud has the right to purchase the remaining Royalty from Eagle [...]
Stroud Resources Ltd. is pleased to announce that it has closed a non-brokered private placement of gross proceeds of $2,000,000. The Company issued 3,909,939 units at $0.15 per Unit for proceeds of $586,490.85 as of today and, upon confirmation at a shareholders meeting to the creation of a new control person and the acceptance by the TSX Venture Exchange , an additional 9,423,394 Units will be issued for a total of [...]
Stroud Resources Ltd. announces that the board of directors passed a resolution to proceed with a consolidation of common shares of the Company on the basis of ten pre-consolidated shares for one post consolidated share . The Consolidation was approved by the Company’s shareholders at the Annual and Special Meeting held on November 30, 2018. The transaction is subject to TSX Venture Exchange approval. Currently, a [...]
Stroud Resources Ltd. announces the termination of its relationship with Mr. Thomas A. Smeenk effective immediately. Mr. Scott Jobin-Bevans has been appointed Interim Chief Executive Officer of the Company. “On behalf of the Board of Directors, we would like to thank Mr. Smeenk for his time spent with Stroud. We are continuing to look for a CEO to manage the day-to-day operations of Stroud but we are delighted that [...]
Stroud Resources Ltd. is pleased to announce the appointment of Mr. Thomas A. Smeenk, BA, as President and Chief Executive Officer of the Company, effective immediately. Mr. Smeenk is a project finance, mineral exploration and business development executive with a proven track record of bringing new discoveries to market. On April 30th, as CEO of Broadway Gold Mining Ltd., Smeenk closed a $30 million-for-70%-interest [...]
Stroud Resources Ltd. announces the appointment of Dr. Scott Jobin-Bevans, Ph.D., PMP, P.Geo., a director of the Company since July 2014, as its Chief Executive Officer. Dr. Jobin-Bevans has almost 30 years experience in the mineral exploration industry and more than 17 years of direct experience with public and private companies as an officer, director and technical advisor and has been involved with taking several [...]
Stroud Resources Ltd. reports that the nominees listed in the management information circular for the 2018 Annual General and Special Meeting of shareholders were elected as directors of Stroud. Shareholders at the Annual General and Special Meeting also approved the appointment of Stroud’s auditors, and the Special Resolution to consolidate the outstanding common shares of the Corporation on a ratio of one [...]
is pleased to announce proposed shares-for-debt settlement transactions in which Stroud would issue up to 4,125,000 common shares at a price of $0.05 per share to certain directors and officers of the Corporation in connection with the settlement an aggregate of up to $206,250 of debt relating to unpaid director fees. The Debt Settlement is considered a "related party transaction" as defined under Multilateral Instrument [...]
Stroud Resources Ltd. has filed an updated, independent National Instrument 43-101 Technical Report on its Santo Domingo Project located in the western silver-gold belt of the Sierra Madre Mountains of Mexico. The Property is located 90 km from Guadalajara in Jalisco Province; about 150 km south-west of First Majestic's San Silver Mine and 150 km south-east of Endeavour Silvers' Terronera Development Project. The Report [...]
TORONTO, ONTARIO--(Marketwired - Sep 14, 2017) - Stroud Resources Ltd. ("Stroud" or the "Company") (TSX VENTURE:SDR) is pleased to announce the sale of its 100 percent interest in the Leckie Project in Strathy Township, Ontario to a private company, Temagami Gold Inc. for $30,000 in cash and 750,000 of common shares of Temagami Gold (the "Transaction"). Stroud retains a 1% NSR interest in the property. Stroud will focus [...]
Stroud Resources is pleased to announce that it has completed the sale of its 100 percent interest in the Company's Hislop project to a private company, the Hislop Gold Company, for $225,000 in cash and $1,275,000 in assumption of debts owed by Stroud to certain debtholders. Stroud will focus on further developing its 100% owned silver project in Jalisco.
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