| Silver Spruce Resources Announces Shares for Debt Settlement | |
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BRIDGEWATER, NOVA SCOTIA--(Marketwired - Jul 3, 2015) - Silver Spruce Resources ("Silver Spruce" or the "Company") (TSX VENTURE:SSE)(FRANKFURT:S6Q) is pleased to announce that it has arranged a settlement for outstanding indebtedness of $150,000.00 through the issuance of 3,000,000 common shares of the company at a deemed price of $0.05 per common share (the debt settlement). This debt settlement is subject to TSX-Venture Exchange approval and the shares will be subject to a four month hold period. About Silver Spruce Resources Inc. Silver Spruce is a junior exploration company with a diverse portfolio of uranium and rare earth element prospects in Labrador and a history of gold exploration on the island of Newfoundland Labrador and in Mexico. Shareholders and other interested parties can view the Company's Information Circular and financial statements on www.sedar.com or on our website at www.silverspruceresources.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The company seeks Safe Harbour.
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Silver Spruce Resources Inc.
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EXPLORATION STAGE |
CODE : SSE.V |
ISIN : CA8282291043 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Silver Spruce Res. is a gold exploration company based in Canada. Silver Spruce Res. holds various exploration projects in Canada. Its main exploration properties are CMB E, SEAL LAKE/SEAL LAKE NORTH, MOUNT BENEDICT, T-649 / SUPER 7, MAKKOVIK RIVER, TOKIALUK BAY, STRAITS, DOUBLE MER, CENTRAL MINERAL BELT, SNEGAMOOK, CENTRAL NEWFOUNDLAND (CNL), TWO TIME ZONE, HUDSON BAY, CALVIN LANDING and BIG EASY in Canada and CENTAURO in Mexico. Silver Spruce Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 311 631 as of today (US$ 226 311, € 206 916). Its stock quote reached its highest recent level on February 11, 2011 at CA$ 3.60, and its lowest recent point on August 16, 2024 at CA$ 0.01. Silver Spruce Res. has 31 163 053 shares outstanding. |