Silver Spruce Resources, Inc. is very pleased to announce the appointment of Greg Davison, M.Sc., PGeo. as Vice-President, Exploration, effective immediately. Greg Davison is a professional consulting exploration geologist, currently licensed in British Columbia , with forty-three years of practical field, laboratory and management experience, with [...]
Silver Spruce Resources, Inc. is providing the following update on the Pino de Plata project. Silver Spruce has retained Mexico-based legal counsel to lead the discussions with representatives of the surface landowners of Pino de Plata in order to re-negotiate access rights to their ranch that covers the Pino de Plata project area. The surface [...]
Silver Spruce Resources Inc. announced today that it has granted 300,000 stock options to its CFO, Camilla Cormier, with an exercise price of $0.05 per share and an expiry date of August 26, 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 [...]
Silver Spruce Resources Inc. announced today that it has increased and closed its private placement announced August 7, 2020. The private placement consisted of the issuance of 36,390,000 units at a price of $0.05 per unit for proceeds of $1,819,500 with a lead order from Palisades Goldcorp Ltd. Each unit consisted of one common share and a warrant [...]
Silver Spruce Resources Inc. is pleased to announce the mobilization of its exploration team and initiation of its Phase 1 program on the El Mezquite Au Project , a drill-ready precious metal project located 170 km southeast of Hermosillo, Sonora, Mexico. In addition, the Company is excited to report the full payment of CDN$109,000, ahead of [...]
- 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
