BRIDGEWATER, NOVA SCOTIA–(Marketwired – April 20, 2016) – Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT:S6Q) announces that it has closed its previously announced non-brokered private placement and raised gross proceeds of $410,795.00 (the offering). The offering will consist of the issuance of 5,477,266 shares and 2,738,633 warrants.