Silver Spruce Resources Reports Board of Director Changes

BRIDGEWATER, NOVA SCOTIA–(Marketwired – March 21, 2016) – Silver Spruce Resources (TSX VENTURE:SSE)(FRANKFURT:S6Q) (“Silver Spruce” or the “Company”) announces that William A MacPherson BSc P. Eng (Ret’d) of Halifax, Nova Scotia has resigned as Chairman and Director of the Company. Mr. MacPherson helped steer the Company in challenging market conditions and the Company thanks Mr. MacPherson for his dedicated service. Mr. MacPherson has agreed to be available as an advisor and consultant.

Silver Spruce is pleased to announce that the Board has appointed Dr. Brian K Penney as its new Chairman. Dr. Penney currently serves as a Director and as Chairman of the Audit Committee of the company.


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