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Spruce Ridge Receives Option Payment from Magna Terra Minerals Inc.
February 15, 2021 GMT
PUSLINCH, ON / ACCESSWIRE / February 15, 2021 / Spruce Ridge Resources Ltd. (TSXV:SHL) (“Spruce Ridge” or the “Company”) is pleased to announce receipt of $75,000 anniversary option payment from Magna Terra Minerals Inc. (“Magna Terra”). Spruce Ridge entered into an Amended Option Agreement for both the Viking and Kramer properties with Magna Terra (See News Release dated September 15, 2020). The Viking and Kramer Properties form part of the larger Viking and Great Northern Projects near the communities of Pollard’s Point and Sop’s Arm in White Bay, Newfoundland.