Stroud Resources Ltd V.SDR

Alternate Symbol(s): SDURF

Metals & Mining Industrial Metals & Minerals

Stroud Resources Ltd. is a Canada-based international mineral exploration company with an exploration portfolio in Canada and Mexico. The Company holds its interest in its Mexican properties through its wholly owned subsidiary, Compania Minera San Diego y La Espanola S.A. de C.V. (Compania Minera), which holds prospecting and exploration permits for the properties. Compania Minera holds rights to the Santo Domingo II and Nombre de Dios mining concessions, located approximately 80 kilometers northwest of Guadalajara, the capital city of the State of Jalisco, Mexico. It also holds a net smelter royalty of 0.5% on properties located in Hislop Township, Ontario.

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Stroud Resources Ltd

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Comment by gold_strikeon Jun 17, 2020 12:20pm

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Post# 31160639

RE:RE:RE:RE:RE:54,03 million shares outstanding!!!

The placement appears to allow only 4,444,444 additional shares to be purchased, so it doesn't seem to add up.. I'll wait for an announcement from the company.

....for a total of 13,333,333 Units (the “Private Placement”). Each Unit consists of one common share of the Company (a “Common Share”) and common share purchase warrant (a “Warrant”). Each whole Warrant is exercisable to purchase one Common Share at an exercise price of $0.15 until August 30, 2020.