Silver Spruce Resources, Inc. Adds Mine Production Knowledge to the Board
Rhea-AI Summary
Silver Spruce Resources (SSEBF) announced that its board has approved the appointment of Lisa Ng as an independent director, effective June 23, 2026. Ng is a CPA with over 25 years of experience across mining and other sectors and serves on Eastern Platinum's board.
She is expected to join Silver Spruce's audit committee. The board also granted Ng 200,000 stock options, each exercisable at $0.12 per share for five years under the company's stock option plan. Silver Spruce is a Canadian junior exploration company with silver and polymetallic projects in Mexico and Ontario.
Positive
- Experienced CPA and mining director Lisa Ng added to the board
- Ng expected to join and strengthen the audit committee
- Grant of 200,000 options at $0.12 aligns new director incentives with shareholders
- Reminder of diversified exploration portfolio across silver and polymetallic projects
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BEDFORD, NS / ACCESS Newswire / June 23, 2026 / Silver Spruce Resources, Inc. ("Silver Spruce" or the "Corporation") announces that its Board of Directors has approved the appointment of Lisa Ng as an independent Director.
Lisa Ng is currently an independent Director at Eastern Platinum Limited, a Vancouver-based mining company listed on the TSX and JSE (Johannesburg Stock Exchange), with production mines in South Africa. Ms. Ng is an accomplished CPA with over 25 years' experience in mining, information technology, biotech, and insurance. She has executive experience at both Nevada Copper Corp. and American Bonanza Gold Corp.; and provided controllership and consulting services to Yukon-Nevada Gold Corp. Ms. Ng's experience in mining, oil, and gas extends back to her time as a Senior Manager at a mid-sized CPA firm in Vancouver, where she worked closely with publicly listed companies for a number of years. Ms. Ng will plan to join the Corporation's audit committee.
The corporation also announces that the board of directors has approved the grant of 200,000 stock options to Ms. Ng. Each option entitles the holder to acquire one common share of the corporation at a price of 12 cents per share for a period of five years from the date of grant. The options were granted under and are subject to the terms and conditions of the corporation's stock option plan.
About Silver Spruce Resources
Silver Spruce Resources Inc. is a Canadian junior exploration company. The Company's diversified exploration portfolio includes:
Pino de Plata Ag Project - High-grade silver property with historic artisanal mining located 15 kilometres west of Coeur Mining's Palmarejo Mine in western Chihuahua, Mexico
Jackie Au-Ag Project - Early-stage epithermal project with high-grade surface sampling and strong structural targets located <10 kilometres northwest from Minera Alamos' Nicho deposit in eastern Sonora, Mexico
Melchett Lake VMS Zn-Ag-Au-Cu Project - Polymetallic project with historical drilling in the Thunder Bay Mining District of Ontario
Contact:
Kevin O'Connor, CEO & Director
(312) 509-5972
koconnor@silverspruceresources.com
info@silverspruceresouces.com
www.silverspruceresources.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements". Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate.
SOURCE: Silver Spruce Resources Inc.
View the original press release on ACCESS Newswire