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Silver Spruce (SSEBF) Stock News

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Welcome to our dedicated page for Silver Spruce news (Ticker: SSEBF), a resource for investors and traders seeking the latest updates and insights on Silver Spruce 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.

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Silver Spruce Resources (SSEBF) closed the second and final tranche of its non-brokered private placement, issuing 615,168 units at CAD$0.20 for proceeds of $123,033.60.

Together with the first tranche, the financing totals 4,311,418 units and $862,283.60, funding exploration and working capital, subject to TSXV final approval.

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Silver Spruce Resources (TSXV:SSE / OTC:SSEBF) reported shareholder approval of all meeting items at its annual and special meeting held May 5, 2026, after an adjournment from April 28 due to lack of quorum.

Shareholders elected three directors, appointed Charlton & Company as auditor, and approved an amended and restated stock option plan, subject to TSX Venture Exchange approval.

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Silver Spruce Resources (OTC:SSEBF) announced agreements with Colibri to consolidate ownership of the Jackie Au-Ag project and to relinquish its interest in Diamante.

Silver Spruce will issue C$25,000 in common shares and grant a 1% NSR to acquire Colibri's 50% of Jackie, subject to TSXV approval. The company will transfer its 25% Diamante interest in exchange for forgiveness of approximately C$80,000 in exploration expenditures, also subject to TSXV approval.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of Silver Spruce (SSEBF)?

The current stock price of Silver Spruce (SSEBF) is $0.1 as of June 1, 2026.

What is the market cap of Silver Spruce (SSEBF)?

The market cap of Silver Spruce (SSEBF) is approximately 3.1M.