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Spruce Ridge Resources Engages CHF Investor Relations
Spruce Ridge Resources Engages CHF Investor Relations.

About this update from Homeland Nickel Inc
[{"type":"text","content":"\n\n\n\nNORFOLK COUNTY, ON, May 22 /CNW/ - Spruce Ridge Resources Ltd.\n(TSX Venture: SHL) today announced that it has retained CHF Investor Relations\n(Cavalcanti Hume Funfer Inc.) of Toronto and Calgary, Canada's leading IR firm\nfor mineral resources, as the Company's investor relations counsel.\n\n\nJohn Ryan, President and CEO of Spruce Ridge Resources commented: "We are\nvery excited about the potential of our development projects and pursuing a\ncomprehensive IR outreach program with CHF Investor Relations at this time\nwill strengthen our profile in the financial and investment communities across\nCanada, and attract the attention our projects deserve."\n\n\nCommencing immediately, CHF will provide investor relations for an\ninitial period of twelve months ending June 1, 2008. Thereafter, cancellation\nby either party requires three months' notice. CHF will be paid a monthly fee\nof $6,000 plus allowable disbursements. Additionally, CHF will receive\nincentive stock options, subject to Board and regulatory approvals, in the\namount of 150,000 shares at an exercise price of $1.25 per share, and\n150,000 shares at an exercise price of $1.50.\n\n\nAbout CHF Investor Relations\n\n\nCHF Investor Relations is a proactive, results-driven firm that offers\npremium IR service to an international portfolio of client companies operating\nin a broad range of industries including mining exploration and development,\nmineral producers, internet commerce and technology, high-tech, biotechnology,\noil and gas and special situations. CHF provides comprehensive IR\nrepresentation to the Canadian audience through their offices in Toronto and\nCalgary. For more information, please visit their website at www.chfir.com.\n\n\nAbout Spruce Ridge Resources Ltd.\n\n\nSpruce Ridge Resources is a mineral exploration company focused on the\nacquisition, exploration, and development of mineral resources, primarily\nuranium. The Company has two encouraging uranium properties in Western\nNewfoundland, Canada: (i) the Deer Lake uranium property in the Deer Lake\nBasin and (ii) the Turner's Ridge uranium, lead and gold property\napproximately 30 kilometres to the north. The Company also has two prospective\ngold properties in Northern Ontario, Spruce Hull Lake and Nora Lake.\n\n\nShould you wish to receive Company news via email, please email\n...