BRIDGEWATER, NOVA SCOTIA–(Marketwired – April 12, 2017) – Silver Spruce Resources Inc. (The “Company”) (TSX VENTURE:SSE)(FRANKFURT:S6Q) has engaged the FronTier Merchant Capital Group to provide investor relations and marketing services through their media partners in order to increase market exposure.
FronTier is a highly experienced and recognized investor relations group headquartered in Toronto with additional offices and IR representatives across Canada and the United States, and provides comprehensive IR and media marketing solutions to small and mid-cap companies seeking to create market awareness. FronTier will assist the company by utilizing a number of financial market communications initiatives, including facilitating in-person introductions for the company with institutional and retail brokers in Toronto and other financial capitals, and through Media distribution on National TV, radio, and multiple online channels.
The investor relations agreement has a 12-month term and a monthly fee of $6,250 (plus HST) for the term. The Company has also issued 300,000 stock options to FronTier at an exercise price of 8 cents, vesting in equal quarterly installments over 12 months and expiring two years from the date of grant. FronTier and its related companies currently own a total of 1,430,000 common shares of Silver Spruce Resources Inc and 875,000 common share warrants.