Puslinch, ON (FSCwire) - Spruce Ridge Resources Ltd. (TSXV: SHL) reports that the nominees listed in the management information circular for the 2018 Annual General Meeting of shareholders held on July 11, 2018 (the "Meeting") were elected as directors of Spruce Ridge. Detailed results of the vote for the election of directors are set out below:
Nominee Votes For % For Votes Withheld % Withheld
Marc Askenasi 33,409,600 100.00% 0 0.000%
Colin Bowdidge 33,309,600 99.701% 100,000 0.299%
Zoran Popovic 33,309,600 99.701% 100,000 0.299%
John Ryan 33,309,600 99.701% 100,000 0.299%
Michael Dehn 33,309,600 99.701% 100,000 0.299%
Other resolutions submitted by management to shareholders for consideration were approved as presented, including the re-approval of the Company’s Stock Option Plan and the approval to re-appoint S & W LLP, Chartered Professional Accountants, as auditors for the ensuring year, and authorized the Directors to fix their remuneration.
About Spruce Ridge Resources
Spruce Ridge holds a 100% interest in the Great Burnt Copper/Gold Property in Central Newfoundland which covers a series of copper ± gold rich VMS deposits. The Property is host to NI 43-101 compliant mineral resources, including Indicated Resources of 442,000 tonnes at 2.50% Cu (24.4 million lbs of contained Cu) plus Inferred Resources of 829,000 tonnes at 2.11% Cu (38.5 million lbs of contained Cu) at a 1.0% Cu cut-off at the Great Burnt Copper Deposit. The NI 43-101 and 43-101F1 Report prepared by P&E Mining Consultants Inc., is dated September 8, 2015 and is filed on SEDAR. Spruce Ridge optioned its Viking/Kramer gold properties in Western Newfoundland to Anaconda Mining Inc. Spruce Ridge also has a 50% joint venture with Americas Silver Corporation on property that contains tailings with low grade gold and silver from the Drumlummon Mine in Montana.
For further information please contact:
John Ryan, President and CEO
Spruce Ridge Resources Ltd.
Phone: 519-822-5904
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
