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 [...]
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 [...]
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 [...]
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 [...]
Silver Spruce Resources Inc. is pleased to announce the closing of the first tranche of its non-brokered financing, on December 31, 2019. The Company has issued 4,750,000 units at $0.05 per unit for gross proceeds of $237,500. Each unit consisted of one common share and one, full, two-year warrant, exercisable at $0.075 into one common share. All [...]
Silver Spruce Resources Inc. announces a non-brokered flow-through unit and a non-flow-through unit financing. The Company is offering to sell up to 8,000,000 flow-through units at $0.05 cents per Unit for total proceeds of up to CDN $400,000. Each flow-through unit will consist of one common share in the capital of Silver Spruce and one share [...]
Silver Spruce Resources Inc. is pleased to announce the acquisition of additional mineral claims contiguous to its Melchett Lake Zn-Au-Ag volcanogenic massive sulphide project, an advanced precious and base metal project in the Thunder Bay Mining District, Ontario, Canada . "We are very pleased to acquire the additional property to the east and [...]