Silver Sprute

Silver Sprute

September 28, 2011 06:34 ET

Silver Spruce Engages Pilot Communications for Investor Relations

BRIDGEWATER, NS, Sept. 28, 2011 - Silver Spruce Resources Inc. (TSXV: SSE) is pleased to announce that  it has contracted Pilot Communications Inc. ("Pilot"), a privately held firm headquartered in St. John's, NL to provide investor relations and media relations services for an initial period of  one year beginning October 1, 2011. Under the terms of the contract, Pilot will receive a monthly retainer of $6,850 in fees plus reimbursement for related expenses. No securities have been issued to Pilot or any of its employees as part of this arrangement, nor does Pilot or any of its employees hold any rights to purchase, directly or indirectly, such securities. The contract is subject to a six month review and may be terminated by either party with thirty days notice.

"Pilot is a full service marketing and communications firm, operating in Newfoundland and Labrador for over 20 years, who have a good understanding of our industry and our requirements.   We will work closely with Pilot to ensure our shareholders and the public are kept informed about all developments on our rare earth element (REE), gold/silver and uranium properties in Labrador and on the island of Newfoundland", stated Peter Dimmell, Silver Spruce's President and CEO.

This arrangement is subject to the approval of the TSX Venture Exchange.

About Silver Spruce Resources Inc.
Silver Spruce is a diversified junior exploration company with a portfolio of rare earth (Pope's Hill, Pope's Hill JV [with Great West Minerals Group], MRT, RWM and the Straits), gold/silver (Big Easy), and for the longer term, uranium (CMBJV, Snegamook, Double Mer, Mount Benedict), projects in Newfoundland and Labrador.  With interests in more than 4,000 claims totalling more than 1,000 square kilometres in Labrador, Silver Spruce is one of the largest landholders in one of the world's premier emerging rare earth and uranium districts. For more information please go to www.silverspruceresources.com

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

Contact Information

  • For further information contact: For investor & media relations contact: 
    Gordon Barnhill, CFO & Director
    Silver Spruce Resources Inc.
    Phone: 902.527.5700
    Fax: 902.527.5711
    gbarnhill@silverspruceresources.com
    Paul Snow
    Pilot Communications Inc.
    Phone:  709.753.0794 ext 31
    Fax: 709.753.0795
    psnow@pilotcom.ca