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HALIFAX, NS / ACCESSWIRE / October 29, 2024 / (TSXV:SSE) - Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") announced today that its 2024 annual general and special meeting of shareholders (the "Meeting") has been adjourned from the original meeting date of October 29, 2024 at 2:00 pm (Atlantic Time) to the new date of November 5, 2024 at 2:00 pm (Atlantic Time). The details of the Meeting, including how to attend the Meeting, are set out in the Company's management information circular dated September 23, 2024 (the "Meeting Information Circular"). The record date for determining shareholders entitled to vote at the Meeting remains the close of business on September 19, 2024.
During the current adjournment, the Company continues to solicit votes from its shareholders with respect to all proposals set forth in the Meeting Information Circular. At the time the Meeting was adjourned, two shareholders were present in person and proxies had been submitted by shareholders representing approximately 7.70% of the Company's common shares outstanding and entitled to vote, which did not constitute the requisite 10% quorum. The Board of Directors of the Company believes that the approval of all matters set out in the Meeting Information Circular is in the best interests of the Company. Proxies previously submitted with respect to the Meeting will be voted on all proposals at the adjourned Meeting unless properly revoked, and shareholders who have previously submitted a proxy or otherwise voted need not take any action.
Silver Spruce encourages all shareholders of record on September 19, 2024 who have not yet voted to do so by 2:00 pm (Atlantic Time) on November 4, 2024. Shareholders with questions on how to vote their common shares are encouraged to contact TSX Trust Company toll-free in North America at 1-800-387-0825 or by email at shareholderinquiries@tmx.com.
About the Company
Silver Spruce Resources Inc. is a Canadian junior exploration company holding 100% of the Melchett Lake Zn-Au-Ag project in northern Ontario and has signed Definitive Agreements to acquire 100% interest in the Mystery Au project near recent discoveries by Sokoman Minerals Corp. and New Found Gold Corp. among others in the Exploits Gold Belt, Newfoundland and Labrador, 100% interest in the Pino de Plata Ag project located 15 kilometres west of Coeur Mining's Palmarejo Mine in western Chihuahua, Mexico and up to 50% interest in Colibri Resource's Diamante Au-Ag project located from 5 kilometres to 15 kilometres northwest from Minera Alamos's Nicho deposit in Sonora, Mexico. Silver Spruce also has a 50:50 joint venture agreement with Colibri on the nearby Jackie Au project. Silver Spruce continues to investigate opportunities that Management has identified or that have been presented to the Company for consideration.