Business
Silver Spruce Announces Non-brokered Financing of up to $1,000,000
BEDFORD, NS / ACCESS Newswire / December 3, 2025 / (TSXV:SSE) - Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") is pleased to announce that it will undertake a non-brokered private placement financing (the "Financing") comprising up ...
About this update from Silver Spruce Resources Inc.
[{"type":"text","content":"BEDFORD, NS / ACCESS Newswire / December 3, 2025 / (TSXV:SSE) - Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") is pleased to announce that it will undertake a non-brokered private placement financing (the "Financing") comprising up to 10,000,000 units at a price of $0.10 for gross proceeds of up to $1,000,000. Each unit will consist of one common share and a full warrant to purchase an additional common share at an exercise price of $0.15 per share for a period of three years from the closing of the private placement. The private placement is expected to close on or before December 31, 2025.","length":645,"tagName":"p"},{"type":"text","content":"The proceeds from the private placement will be used for exploration of the Company's mineral projects and general working capital.","length":135,"tagName":"p"},{"type":"text","content":"The private placement is subject to the approval of the TSX Venture Exchange. Finder's fees will be paid on the private placement in accordance with the policies of the TSX Venture Exchange.","length":194,"tagName":"p"},{"type":"text","content":"About Silver Spruce Resources Inc.Silver Spruce Resources Inc. is a Canadian junior exploration company. The Company's diversified portfolio now includes:","length":159,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Jackie Au-Ag Project (100% owned) - Early-stage epithermal project with high-grade surface sampling and strong structural targets located <10 kilometres northwest from Minera Alamos' Nicho deposit in Sonora, Mexico","length":221,"tagName":"p"}]},{"val":[{"type":"text","content":"Pino de Plata Ag Project (Option to earn 100%) - High-grade silver property in Chihuahua, with historic artisanal mining located 15 kilometres west of Coeur Mining's Palmarejo Mine in western Chihuahua, Mexico","length":213,"tagName":"p"}]},{"val":[{"type":"text","content":"Melchett Lake VMS Zn-Ag-Au-Cu Project (100% owned) - Polymetallic project with historical drilling in the Thunder Bay Mining District of Ontario","length":144,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":578,"olType":false},{"type":"text","content":"Silver Spruce Resources Inc. continues to investigate opportunities that Management has identified or that have been presented to the Company for con...