Silver Spruce Resources Inc.

- Silver Spruce Resources Inc. announced today a private placement of up to $1,600,000 with a lead order from Palisades Goldcorp Ltd. The private placement will consist of the issuance of up to 32,000,000 units with each unit consisting of one common share and a warrant to purchase an additional common share at an exercise price of $0.10 per share for a period of three years from the closing of the private placement. The [...]

Silver Spruce Resources Inc. is pleased to announce that its Phase 1 ground exploration program on the El Mezquite Au Project will be activated during the first week of August 2020. Silver Spruce recently signed a binding Option Agreement with Colibri Resource Corp. to acquire 50% interest in its wholly owned Mexican subsidiary Yaque Minerales S.A de C.V. which holds the El Mezquite Gold project , a drill-ready precious [...]

Silver Spruce Resources Inc. announced today that it has granted 6,750,000 stock options to directors and consultants of the Company with an exercise price of $0.05 per share and an expiry date of June 16, 2025. The stock options will vest 1/3 on the date of the grant, 1/3 on the first anniversary of the grant and the final 1/3 on the second anniversary of the grant. About Silver Spruce Resources Inc. [...]

Silver Spruce Resources Inc. is pleased to announce that it has signed a binding Option Agreement with Colibri Resource Corp. to acquire 50% interest in its wholly owned Mexican subsidiary Yaque Minerales S.A de C.V. which holds the El Mezquite Gold project , a drill-ready precious metal project located 10 km northwest of the town of Tepoca, and 170 km southeast of the capital city of Hermosillo, eastern Sonora, Mexico [...]

Silver Spruce Resources Inc. announced today that the Board of Directors has appointed Dr. Brian Penney as its CEO effective April 22, 2020. Dr. Penney will retain his Chairman role. Dr. Penney has been serving as Chairman and interim CFO, and in his new role as CEO brings extensive business and financial acumen to the Company. Recent positions include founding CEO of TARA a Halifax based Telecoms R&D firm, Chairman and [...]

Silver Spruce Resources Inc. announced today that that it has entered into debt settlement agreements with several creditors and one officer and director to settle outstanding indebtedness of $350,000. Under the terms of the debt settlement agreements 7,000,000 common shares will be issued at a deemed value of $0.05 per share. The debt settlement is subject to the approval of the TSX Venture Exchange. About Silver Spruce [...]

Silver Spruce Resources Inc. announced today that that it has completed its non-brokered private placement for total proceeds of $259,500. The private placement consisted of the issuance of 4,890,000 units with each unit consisting of one common share and a warrant to purchase an additional common share for two years from the closing of the private placement. The private placement also consisted of the issuance of 300,000 [...]

Silver Spruce Resources Inc. announced today that the Board of Directors has appointed Ronald J. Goguen as its President, CEO and Director, effective March 1, 2020. Ron brings extensive business and financial acumen, particularly in exploration, mining and drilling services, to the Company. Ron became Chairman & CEO of Colibri Resource Corp. in July 2017. Colibri Resource Corp. has been a public company since 2004 and is [...]

MomentumPR's client Silver Spruce, is listed on the TSX Venture exchange under the symbol: SSE. Momentum PR is pleased to have produced an informative and comprehensive report on Silver Spruce, available here - Silver Spruce Corporation Report. Silver Spruce Highlights - Silver Spruce has signed a definitive option agreement to acquire 100% of the 2,124-hectare Melchett Lake project located within an historically active [...]

Silver Spruce Resources Inc. announced today that further to its news release dated November 29, 2019 announcing the termination of the Cocula project that it is seeking the approval of the TSXV Venture Exchange to an Amendment dated September 10, 2019 to the Letter of Agreement dated July 13, 2019 with ProDeMin, S.A. de C.V. . Under the terms of the Amendment the Company is required to issue 1,700,000 common shares at a [...]