01:11:29 EDT Thu 30 Apr 2026
Enter Symbol
or Name
USA
CA



Silver Spruce Resources Inc (3)
Symbol SSE
Shares Issued 35,066,439
Close 2026-04-29 C$ 0.225
Market Cap C$ 7,889,949
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Silver Spruce adopts semi-annual financial reporting

2026-04-29 20:52 ET - News Release

Mr. Kevin O'Connor reports

SILVER SPRUCE RESOURCES INC. ANNOUNCES ADOPTION OF QUARTERLY REPORTING EXEMPTION UNDER COORDINATED BLANKET ORDER 51-933

Silver Spruce Resources Inc. has adopted semi-annual financial reporting. This news release is being issued and filed pursuant to Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers).

CBO 51-933 allows eligible venture issuers to voluntarily move from a quarterly to a semi-annual financial reporting framework. By adopting SAR, Silver Spruce aims to reduce the administrative and financial burden associated with quarterly reporting, allowing management to focus its resources on the company's exploration and development programs.

As a result of adopting SAR, the company will not file interim financial statements and related management's discussion and analysis for the three-month period ending Jan. 31 and the nine-month period ending July 31 of each applicable fiscal year. Accordingly, the initial interim period for which the company does not intend to file an interim financial report and related MD&A will be for the nine months ending July 31, 2026. Silver Spruce will continue to file audited annual financial statements (due within 120 days of Oct. 31) and six-month interim financial reports and related MD&A (due within 60 days of April 30).

The company remains committed to timely and transparent disclosure, and will continue to report all material changes and significant developments, as required under National Instrument 51-102 (Continuous Disclosure Obligations).

About Silver Spruce Resources Inc.

Silver Spruce Resources is a Canadian junior exploration company. The corporation's diversified exploration portfolio now includes:

  • The Pino de Plata silver project -- a high-grade silver property with historic artisanal mining located 15 kilometres west of Coeur Mining's Palmarejo mine in western Chihuahua, Mexico;
  • The Jackie gold-silver project -- an early-stage epithermal project with high-grade surface sampling and strong structural targets located fewer than 10 kilometres northwest from Minera Alamos's Nicho deposit in eastern Sonora, Mexico;
  • The Melchett Lake volcanogenic massive sulphide zinc-silver-gold-copper project -- a polymetallic project with historical drilling in the Thunder Bay mining district of Ontario.

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