Silver Spruce Resources Inc. Announces Closing of Non-Brokered Private Placement

BRIDGEWATER, NOVA SCOTIA–(Marketwired – Aug. 12, 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 $549,755.00 (the offering). The offering will consist of the issuance of 8,457,769 shares and 8,457,769 warrants.

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