Silver Spruce Resources (TSE:SSE) has released an update.
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Silver Spruce Resources Inc. is proposing a share consolidation, aiming for one new share for every fifteen existing shares, subject to shareholder and TSX Venture Exchange approval. The company believes this move will attract more investors by potentially increasing share marketability and facilitating future financing and business development. Despite the proposed share consolidation, Silver Spruce will retain its current name and continue to focus on its exploration projects across Canada and Mexico.
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