Welcome to our dedicated page for SILVER SPRUCE RES news (Ticker: SSEBF), a resource for investors and traders seeking the latest updates and insights on SILVER SPRUCE RES stock.
Silver Spruce Resources Inc. reports developments as a Canadian junior exploration company with a diversified mineral exploration portfolio. Company news centers on exploration activity at projects including the Pino de Plata silver property in Chihuahua, Mexico, and the Melchett Lake volcanogenic massive sulphide project in Northern Ontario, which is associated with zinc, lead, copper, gold and silver targets.
Recurring updates also cover non-brokered private placements, unit and warrant financings, shareholder meeting results, board and stock option plan matters, auditor appointments, and the company’s continuous-disclosure framework as a venture issuer.
Silver Spruce Resources (OTC:SSEBF) announced that Paul Smith will not stand for election to the board at its 2026 annual general and special meeting due to personal reasons; the meeting has been adjourned to May 5, 2026 at 2:00 pm (Atlantic Time). Mr. Smith will remain Vice President, Exploration.
Shareholder voting will use previously distributed proxies; any votes cast for Mr. Smith's election will be disregarded. The record date for voting remains close of business March 19, 2026. Meeting details are in the company’s management information circular.
Silver Spruce Resources (OTC:SSEBF) will resume phased exploration at its 100% owned Melchett Lake VMS Zn-Pb-Cu-Au-Ag project in Nakina, Ontario, covering 2,325 ha (93 contiguous cells). Phase I will verify historic assays and geology; Phase II may include up to 1,200 metres of NQ core drilling, pending results and permits. The company will advance consultations with Aroland and Ginoogaming First Nations and commence permitting.
Silver Spruce Resources (SSEBF) announced TSXV approval to extend the closing date for the second tranche of its non-brokered private placement to on or before May 18, 2026. Units priced at CAD$0.20 each, with one warrant exercisable at $0.30 for four years.
The first tranche closed April 1, 2026, issuing 3,696,250 Units for gross proceeds of $739,250, paying $39,560 in finder fees and issuing 197,800 finder’s warrants. Insiders subscribed for 233,750 Units. Proceeds will fund exploration and working capital; all closings remain subject to TSXV final approval.
Silver Spruce Resources (TSXV:SSE / OTC:SSEBF) announced adoption of semi-annual reporting under Coordinated Blanket Order 51-933, moving from quarterly to semi-annual interim reporting.
As a result, the company will not file interim financial statements and MD&A for the three-month period ending January 31 and the nine-month period ending July 31. The initial omitted interim will be the nine months ended July 31, 2026. Silver Spruce will continue to file audited annual financial statements (due within 120 days of October 31) and six-month interim reports and MD&A (due within 60 days of April 30). The company says it remains committed to timely disclosure of material changes under NI 51-102.
Silver Spruce Resources (SSEBF) adjourned its 2026 annual general and special meeting from April 28, 2026 to May 5, 2026 at 2:00 pm Atlantic Time. The record date for voting remains March 19, 2026.
At adjournment two shareholders were present in person and proxies represented approximately 7.98% of outstanding common shares, below the 10% quorum requirement. Proxies already submitted will be voted at the adjourned meeting unless revoked. The company is soliciting additional votes; shareholders of record on March 19, 2026 are encouraged to vote by 2:00 pm Atlantic Time on May 4, 2026.
Silver Spruce Resources (OTC:SSEBF) closed the first tranche of a non‑brokered private placement, issuing 3,696,250 units at CAD$0.20 for gross proceeds of $739,250. Each unit includes one share and one warrant exercisable at $0.30 for four years.
The company granted finders a cash commission of $39,560 and 197,800 finder's warrants, extended the offering and anticipates a second and final tranche on or before May 4, 2026. Proceeds will fund exploration and working capital.
Silver Spruce Resources (OTC:SSEBF) announced a non-brokered private placement to raise proceeds of up to $2,000,000 by issuing up to 10,000,000 units at $0.20 per unit. Each unit includes one common share and one warrant exercisable at $0.30 for 4 years.
The offering is expected to close on or about March 27, 2026, is subject to TSX Venture Exchange acceptance, and proceeds will fund exploration and working capital. Insiders may participate under MI 61-101 exemptions. Securities will be subject to a four-month-and-one-day hold in Canada.
Silver Spruce Resources (OTC: SSEBF) appointed Paul K. Smith, P.Geo., as Vice-President of Exploration effective January 29, 2026. Mr. Smith is a registered professional geologist and Qualified Person under NI 43-101 with global gold and base-metal experience, plus environmental and First Nations project background.
The company continues to focus exploration on the Pino de Plata Ag Project near Palmarejo, Chihuahua and the Jackie Au-Ag Project.
Silver Spruce Resources (OTC:SSEBF) announced that Greg Davison, P.Geo. resigned from the Board of Directors and from his role as Vice-President, Exploration, effective January 23, 2026. The Board thanked Mr. Davison for his contributions since 2017 and wished him well. The company describes itself as a Canadian junior exploration issuer with projects including the Jackie Au-Ag Project (early-stage epithermal targets with high-grade surface sampling) and the Pino de Plata Ag Project (historic artisanal high-grade silver property near Coeur Mining's Palmarejo Mine in Chihuahua, Mexico). Management said it continues to investigate opportunities presented to the company.
Silver Spruce Resources (SSEBF) issued a correction on January 20, 2026 to a prior release about a non‑brokered private placement. The offering proceeds remain $976,000, but the corrected number of Units is 9,760,000 Units (the Initial Press Release had incorrectly stated 976,000 Units). The correction does not change any other information in the original release.
Investors should read this correction alongside the original January 16, 2026 disclosure.