Silver Spruce Announces New Board Chairman
Media Release
Silver Spruce Announces New Board Chairman
September 13, 2021 - Bedford, NS - (TSXV:SSE) - Silver Spruce Resources Inc. ("Silver Spruce"
or the "Company") announced today that the Board of Directors has appointed Kevin Thieneman as
Chairman of the Board of Directors effective September 10, 2021. Mr. Thieneman was appointed to
the Board on April 28, 2020.
Mr. Thieneman was formerly the President of Caterpill ar Inc. Forest Products Business Unit, and
currently serves as Chairman for LiuGong North America and Vice President of Guangxi LiuGong
Machinery Co. Ltd. (“LiuGong”). LiuGong is one of China's largest construction and mining
equipment manufacturers with worldwide sales and operations. Mr. Thieneman is a global executive
with decades of experience in turnarounds of manufacturing operations and end -to-end businesses,
and with extensive on -the-ground experience in China and India. He previously chaired the U .S.-
ASEAN Business Council infrastructure committee while leading delegations to Indonesia and
Vietnam. He also served as Chairman of the Georgia Association of Manufacturers in 2017 -
2018. Mr. Thieneman earned a Juris Doctorate, with honors, from the Duke University School of
Law. His previous experience includes working as a licensed attorney and Certified Public
Accountant in the State of Illinois.
About Silver Spruce Resources Inc.
Silver Spruce Resources Inc. is a Canadian junior exploration company which has signed Definitive
Agreements to acquire 100% of the Melchett Lake Zn-Au-Ag project in northern Ontario, and with
Colibri Resource Corp. in Sonora, Mexico, to acquire 50% interest in Yaque Minerales S.A de C.V.
holding the El Mezquite Au project, a drill -ready precious metal project, and up to 50% interest in
each of Colibri's early stage Jackie Au and Diamante Au -Ag projects, with the three properties
located from 5 kilometres t o 15 kilometres northwest from Minera Alamos's Nicho deposit,
respectively. The Company is acquiring 100% interest in the drill-ready and fully permitted Pino de
Plata Ag project, located 15 kilometres west of Coeur Mining's Palmarejo Mine, in western
Chihuahua, Mexico. Silver Spruce recently signed an LOI to acquire 100% interest in three
exploration properties in the Exploits Subzone Gold Belt, located 15 -40 kilometres from recent
discoveries by Sokoman Minerals Corp. and New Found Gold Corp., central Newfoundland. Silver
Spruce Resources Inc. continues to investigate opportunities that Management has identified or that
have been presented to the Company for consideration.
Contact:
Silver Spruce Resources Inc.
Michael Kinley, CEO and Director
(902) 402-0388
www.silverspruceresources.com
Neither 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.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," Statements in this press release which are not purely historical are forward-
looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but
not limited to, statements regarding the private placement.
Actual results could differ from those projected in any fo rward-looking statements due to numerous factors. Such factors include,
among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining finan cing on
acceptable terms. We are not in control of metals p rices and these could vary to make development uneconomic. These forward -
looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements,
or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe
that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such
beliefs, plans, expectations or intentions will prove to be accurate.