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Re: News - Monday, February 26, 2007
Silver Spruce Resources Signs Investor Relations Agreement with
Longview Capital Partners
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Vancouver, B.C. February 26, 2007 -- Silver Spruce Resources Inc.
(TSX.V: SSE ) is pleased to announce that it has retained Longview
Capital Partners Incorporated ("Longview Capital Partners"), a
Vancouver-based firm with a focus on natural resources, renewable
energies and related technologies, to provide Silver Spruce with
investor relation services.
Longview Capital Partners is a merchant bank listed on the TSX Venture
Exchange (TSX-V: LV). Longview Capital Partners provides comprehensive
corporate finance and investor relations services, and will assist
Silver Spruce in fostering productive, continuing dialogues with
analysts, brokers, potential investors, current shareholders and other
financial professionals. Other clients of Longview's Investor
Relations services include Bayswater Uranium Corporation (TSX.V: BAY),
Buffalo Gold Ltd. (TSX.V: BUF-U), MacArthur Minerals Ltd. (TSX.V: MMS),
and Oriental Minerals Inc. (TSX.V: OTL).
The investor relations agreement with Longview shall have a term ending
on February 28 2008, renewable at the option of the parties. As
consideration, Longview will receive $7,500 per month and be granted
options to purchase 200,000 common shares of the capital stock in the
Company at a price of $0.65 per share for a period of five years with
vesting in equal amounts on a quarterly basis over the first year of
the option term. The agreement is subject to the approval of the TSX
Venture Exchange.
About Silver Spruce Resources Inc.
Silver Spruce Resources Inc. (TSXV: SSE) is a junior mining exploration
company focused primarily on uranium in the Central Mineral Belt (CMB)
of Labrador, Canada. With over 8,551 claims totaling more than 2,100
square kilometers, Silver Spruce is the second largest landholder in
one of the world's premier emerging uranium districts. Silver Spruce
owns approximately 3,000 of the claims 100 percent while approximately
5,500 are joint ventured. A large-scale exploration program on the
Company's properties in Labrador began in the summer of 2006; results
have been encouraging with the first uranium discovery occurring in
October. With strong financial backing, Silver Spruce is emerging as a
leading uranium explorer in Labrador.
On behalf of the Board of:
Lloyd Hillier
President
For Further Information Contact:
SILVER SPRUCE RESOURCES
HEAD OFFICE
Gordon Barnhill, CFO & Director
Phone: 902.527.5700
Fax: 902.527.5711
E-mail: gbarnhill@silverspruceresources.com
Web: www.silverspruceresouces.com
INVESTOR RELATIONS
Keir Reynolds, Ascenta Capital Partners Inc.
Phone: 604.684.4743 ext. 231
Toll Free: 1.866.684.4743 ext. 231
E-mail: keir@ascentacapital.com
Web: www.ascentacapital.com
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release. The Company seeks Safe Harbour.
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Copyright (c) 2007 SILVER SPRUCE RESOURCES INC. (SSE) All rights
reserved. For more information visit our website at
http://www.silverspruceresources.com/ or send
mailto:info@silverspruceresources.com
Message sent on Mon Feb 26, 2007 at 10:12:11 AM Pacific Time
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