SHL.V · 2018-07-20 12:00:00

Spruce Ridge Resources Announces Results of Annual General Meeting of Shareholders Company also welcomes Michael Dehn to the Board of Directors

Management Changes Shareholder Meetings

Spruce Ridge Resources Ltd.

7735 Leslie Road West, Puslinch, ON N0B 2J0

Telephone: (519) 822-5904, Fax: (519) 823-5090

PRESS RELEASE 2018 - 06 July 20, 2018

Spruce Ridge Resources Announces Results of Annual General Meeting of

Shareholders

Company also welcomes Michael Dehn to the Board of Directors

Puslinch, ON, July 20, 2018 – Spruce Ridge Resources Ltd. (TSXV: SHL) reports that the nominees

listed in the management information circular for the 2018 Annual General Meeting of shareholders held

on July 11, 2018 (the "Meeting") were elected as directors of Spruce Ridge. Detailed results of the vote

for the election of directors are set out below:

Nominee Votes For % For Votes Withheld % Withheld

Marc Askenasi 33,409,600 100.00% 0 0.000%

Colin Bowdidge 33,309,600 99.701% 100,000 0.299%

Zoran Popovic 33,309,600 99.701% 100,000 0.299%

John Ryan 33,309,600 99.701% 100,000 0.299%

Michael Dehn 33,309,600 99.701% 100,000 0.299%

Other resolutions submitted by management to shareholders for consideration were approved as

presented, including the re-approval of the Company’s Stock Option Plan and the approval to re-appoint

S & W LLP, Chartered Professional Accountants, as auditors for the ensuring year, and authorized the

Directors to fix their remuneration.

About Spruce Ridge Resources

Spruce Ridge holds a 100% interest in the Great Burnt Copper/Gold Property in Central Newfoundland

which covers a series of copper ± gold rich VMS deposits. The Property is host to NI 43-101 compliant

mineral resources, including Indicated Resources of 442,000 tonnes at 2.50% Cu (24.4 million lbs of

contained Cu) plus Inferred Resources of 829,000 tonnes at 2.11% Cu (38.5 million lbs of contained Cu)

at a 1.0% Cu cut-off at the Great Burnt Copper Deposit. The NI 43-101 and 43-101F1 Report prepared

by P&E Mining Consultants Inc., is dated September 8, 2015 and is filed on SEDAR. Spruce Ridge

optioned its Viking/Kramer gold properties in Western Newfoundland to Anaconda Mining Inc. Spruce

Ridge also has a 50% joint venture with Americas Silver Corporation on property that contains tailings

with low grade gold and silver from the Drumlummon Mine in Montana.

For further information please contact:

John Ryan, President and CEO

Spruce Ridge Resources Ltd.

Phone: 519-822-5904