Silver Spruce Announces Private Placement of up to $1,600,000 with a Lead Order from Palisades Goldcorp Ltd.

SilverSpruce_10082020

August 10, 2020- Bedford, NS – (TSXV:SSE) – Silver Spruce Resources Inc. announced today a private placement of up to $1,600,000 with a lead order from Palisades Goldcorp Ltd. The private placement will consist of the issuance of up to 32,000,000 units with each unit consisting of one common share and a warrant to purchase an additional common share at an exercise price of $0.10 per share for a period of
three years from the closing of the private placement.

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