Silver Spruce Resources Announces New Management Appointments

Silver Spruce Resources, Inc. announced significant changes in its management team today, following board approval. Kevin O'Connor has been appointed as President and Chief Executive Officer, while Michael Kinley takes on the role of Chief Financial Officer. These appointments are effective immediately but await TSX Venture Exchange approval.

Kevin O'Connor brings a wealth of experience, having been an independent Director since 2019 and previously serving as senior legal counsel for Caterpillar Inc. Michael Kinley, with a solid financial background from his tenure at KPMG and other mining companies, has resigned from his CEO position to focus on his new CFO role.

In addition, the board approved the grant of 1,125,000 stock options to various directors and employees. Each option, priced at $0.15 per share, is valid for five years, aligning with the corporation's stock option plan.