Stroud Resources Ltd.

TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Stroud Resources Ltd. (TSXV: SDR) (“Stroud” or “Company”) 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 (the “Units”) at $0.10 per Unit. Each Unit will comprise one common share and one common share purchase warrant, with each warrant exercisable int...

TORONTO, May 09, 2023 (GLOBE NEWSWIRE) -- Stroud Resources Ltd. (TSXV: SDR) (“Stroud” or the “Company”) is pleased to provide a summary of its 2021-2022 drilling program, completed at its Santo Domingo Silver Property (“Santo Domingo” or the “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 (Table 1) and selected results from this drilling are provided in Table 2. The drilling program was...

TORONTO, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Stroud Resources Ltd. (TSXV:SDR) (“Stroud” or the “Company”) has the following comments about recent OSC Allegations involving its director, William Jeffrey Kennedy. On November 09, 2022, the Ontario Securities Commission (“OSC”) 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 text of the allegation can be foun...