Spruce Ridge Resources Limited: Spruce Ridge Reports Value of Marketable Securities as at February 12, 2021 Closing Share Total shares outstanding 148,364,764. Spruce Ridge holds these marketable securities for investment purposes. Spruce Ridge may in the future take such actions in respect of these holdings as deemed appropriate in light of the circumstances then existing, including the distribution to Spruce Ridge shareholders of all or a portion of these holdings, or one or more sales of all or a portion of these holdings in the open market or in privately negotiated transactions to one or more purchasers. About Spruce Ridge Resources Ltd. 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. Spruce Ridge sold its interest in in the Crawford Nickel-Cobalt Sulphide project to Canada Nickel Company Inc