- Silver Spruce Resources Inc. (SSE) has closed the second tranche of its $300,000 private placement
- Under the second tranche, 5,880,000 units were issued at $0.025 per unit for gross proceeds of $147,000
- Each unit was one common share and a warrant to purchase an additional common share at $0.05
- Silver Spruce (SSE) opened trading at $0.02
Silver Spruce Resources (SSE) has closed the second tranche of its $300,000 private placement.
Under the first tranche, the company issued 4,690,000 units at $0.025 per unit for gross proceeds of $117,250.
Under the second tranche, the company issued 5,880,000 units at $0.025 per unit for gross proceeds of $147,000.
Each unit consists of one common share and a warrant to purchase an additional common share at an exercise price of $0.05.
Silver Spruce Resources Inc. (SSE) is a Canada-based company focused on exploration for precious and base minerals. The flagship project Pino de Plata, located in Chihuahua state, Mexico, is a high-grade silver project with noteworthy gold, lead, and zinc credits. Its other projects include El Mezquite, Melchett Lake and Pope’s Hill.
Silver Spruce Resources Inc. (SSE) opened trading at $0.02.