|June 03, 2009|
Silver Spruce Issues Options to New Director
June 3, 2009 -- Bridgewater, NS -- Silver Spruce Resources Inc. ("Silver Spruce") is pleased to announce it has issued 200,000 stock options to C. Robert Gillis as a new director. The options are issued pursuant to the Silver Spruce stock option plan approved by its shareholders on April 20, 2009 and have an exercise price of $0.15 for 5 years ending May 29, 2014. Silver Spruce is pleased to have Mr. Gillis join its board at the annual general meeting on April 20, 2009.
Mr. Gillis is a chartered accountant with considerable experience in senior financial roles in offshore and industrial contracting, construction and real estate development sectors. His experience expands to include several years of international business experience in Asia and Central America.
ABOUT SILVER SPRUCE
Silver Spruce is a junior exploration company focused on uranium in the Central Mineral Belt (CMB) of Labrador, Canada and gold/silver in Mexico. With interests in more than 12,000 claims totaling more than 3,000 square kilometers in Labrador, Silver Spruce is the second largest landholder in one of the world's premier emerging uranium districts. The exposure to gold/silver opportunities in Mexico and base metals in central Newfoundland and Labrador gives the company diversification without losing its uranium focus. Strong financial backing makes Silver Spruce a leading explorer in Canada and Mexico.
For Further Information Contact:
SILVER SPRUCE RESOURCES
Gordon Barnhill, CFO & Director
Hugh Oswald, Ascenta Capital Partners Inc.
Phone: 604.684.4743 ext. 243
Toll Free: 1.866.684.4743 ext. 243
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.
The Corporation seeks Safe Harbour.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION VIA U.S. NEWSWIRE
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