Prospect Ridge Stock Price, News & Analysis

Prospect Ridge (OTC:PRRSF) completed a 2,010 m, ten-hole diamond drill program at the 100% owned Camelot copper-gold project in British Columbia on December 22, 2025.

The company reports visual core observations and portable XRF (pXRF) detection of copper, with disseminated pyrite and chalcopyrite confirmed in holes CAM25-007 to CAM25-010. Four final holes totalled 903 m from three sites along a 1.7 km trend; CAM25-010 reached 301 m while several holes were stopped near ~200 m. Rush assay samples from CAM25-007 and CAM25-009 were submitted with results expected late December; true widths remain unknown and pXRF is presented as qualitative screening.

Prospect Ridge (OTCQB:PRRSF / CSE:PRR) announced a non-brokered private placement of up to $800,000 by issuing up to 8,888,889 critical mineral flow-through units at $0.09 per Unit on December 12, 2025.

Each Unit includes one flow-through share and one-half warrant; each whole warrant is exercisable at $0.15 for two years and is subject to accelerated expiry if shares trade at $0.25 for ten consecutive trading days. Proceeds are intended for 2026 drill programs on Excalibur, Castle and Camelot projects in British Columbia. Closing is subject to Exchange acceptance and a statutory hold period of four months plus one day.

Prospect Ridge (OTCQB:PRRSF) closed the third and final tranche of a non‑brokered C$0.12 flow‑through unit private placement on December 5, 2025, issuing 416,667 FT Units for gross proceeds of C$50,000.

Over three tranches the company issued 13,606,668 FT Units for aggregate gross proceeds of C$1,632,800.16. Each FT Unit comprises one flow‑through common share and one‑half of one warrant; each whole warrant allows purchase of one common share at C$0.18 for two years, subject to accelerated expiry if shares trade at C$0.35 or more for ten consecutive trading days. Securities from the third tranche are subject to a statutory hold until April 4, 2026.

The company said insiders purchased 963,333 FT Units (about 1% of issued shares; 1.47% if related warrants exercised). Use of proceeds: approximately 50% to a 2,000‑metre drill program at the Camelot project, remainder to Excalibur and Castle projects. No finder fees were paid.

Prospect Ridge (OTCQB:PRRSF) reported visual and portable XRF observations from the first six holes (1,065 m) of a planned ~2,000 m, 10-hole diamond program at the 100% owned Camelot copper-gold project in B.C.'s Cariboo district on December 4, 2025.

Key findings: chalcopyrite and disseminated pyrite identified in four of six holes (CAM25-001, -002, -005, -006), with copper detected by pXRF over ~75–120 m intervals in those holes. Samples from CAM25-001 and CAM25-006 were sent for rush assays expected in late December. True widths are unknown; pXRF results are qualitative pending laboratory assays.

Prospect Ridge Resources (CSE:PRR / OTCQB:PRRSF) closed the second tranche of its non‑brokered $0.12 flow‑through unit private placement on November 13, 2025, issuing 2,406,667 flow‑through units for gross proceeds of $288,800.04. The company paid $4,102.21 in cash and issued 34,183 finder warrants exercisable at $0.18. Securities are subject to a statutory hold until March 14, 2026. Insiders bought 963,333 units (≈40.03% of this tranche), equal to ≈0.99% of then‑outstanding common shares and ≈1.48% if warrants are exercised. The company said proceeds will fund Canadian exploration expenses, chiefly a 2,000‑metre drill program at the Camelot project near Horsefly, B.C., and closing remains subject to exchange acceptance and customary conditions.

Prospect Ridge (OTC:PRRSF) will begin a 2,000 metre diamond drill program at its 100% owned Camelot copper-gold project in British Columbia on November 1, 2025. The 2,646-hectare property lies ~65 km east of Williams Lake in the Quesnel Terrane. The company identified a 1,700 m x 500 m coincident chargeability-magnetic anomaly and defined 10 high-priority and 10 lower-priority drill collar locations for a ten-hole program. Prospect Ridge reports $2.8M in treasury, all permits in place, and has contracted Dorado Drilling to execute the program.

Prospect Ridge (CSE:PRR / OTCQB:PRRSF) closed the first tranche of a non-brokered flow-through private placement on October 27, 2025, issuing 10,783,334 flow-through units for gross proceeds of $1,294,000.08. The company paid $85,400 cash and issued 711,667 finder warrants exercisable at $0.18. Insiders purchased 41,667 units ($5,000), ~0.39% of units in the tranche; related party exemptions under MI 61-101 were relied upon. Proceeds are intended to fund eligible Canadian exploration expenditures, primarily a 2,000 metre drill program at the Camelot project near Horsefly, British Columbia. Securities issued are subject to a statutory hold until February 28, 2026.

Prospect Ridge (CSE:PRR / OTCQB:PRRSF) announced the formation of a Technical Advisory Committee to support accelerated British Columbia exploration and named industry veterans including Henry Awmack, David Caulfield, Mark Baknes, Michael Michaud and John McVey.

The company also granted 1,200,000 incentive stock options to directors, officers, consultants and advisors at an exercise price of $0.15 per share exercisable for five years.

A recording of the October 16, 2025 town hall is now available on the company website and the company acknowledged the First Nations territories for its projects.

Prospect Ridge (CSE:PRR; OTCQB:PRRSF) announced a non-brokered private placement of up to $3,000,000 via up to 25,000,000 critical mineral flow-through units at $0.12 per Unit. Each Unit includes one flow-through share and one-half warrant; whole warrants exercisable at $0.18 for two years, with accelerated expiry if shares trade at $0.35 for ten consecutive days. Proceeds are intended to fund Canadian exploration expenses, primarily a 2,000 metre drill program on the Camelot project near Horsefly, B.C. Closing is subject to regulatory approvals and a four-month-plus-one-day hold period.