Silver Spruce Resources Inc. Announces Extension of The Current Private Placement Priced at
(Press Release Announcing Extension of the $0 025Private Placement (2))
November 26, 2018
Silver Spruce Resources Inc. Announces Extension of The Current Private Placement Priced at
$0.025 to December 24, 2018
November 26, 2018 - Bridgewater, NS - (TSXV:SSE)(Frankfort S6Q) -- Silver Spruce Resources Inc.
(the “Company”) announces that further to its news release dated November 7, 2018 , the TSX Venture
Exchange (“TSX-V”) has granted an extension to the deadline to complete the previously announced non-
brokered private placement (“Private Placement”) of up to 60,000,000 units (“Units”) at a price of $0.025
per Unit to on or before December 24, 2018. Each Unit consists of one common share and one common
share purchase warrant exercisable at $0.05 for a period of 36 months. In connection with the Private
Placement, the TSX -V requires the Company to obtain written confirmation from shareholders of the
Company holding not less than 50% of the common shares (determined as of compl etion of the Private
Placement) that such shareholders will vote in favour of the proposed consolidation of the Company’s
common shares on a one (new) for five (old) share basis at the meeting of shareholders to be held in
early 2019.
The net proceeds of the financing will be used to pay for the drill program at the Pino de Plata project and
general working capital.
About Silver Spruce Resources Inc.
Silver Spruce Resources Inc. is a Canadian junior exploration company pursuing exploration and
development of the exploration of the Pino De Plata epithermal silver/ base metal/ gold projects located in
the prolific Sierra Madre Occidental region of western Chihuahua State in Mexico.
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. The Company seeks Safe Harbour.
Contact:
Silver Spruce Resources Inc.
Karl Boltz, President & CEO, Director
Toll Free: (866) 641-3397
www.silverspruceresources.com