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Silver Spruce to Settle Outstanding Indebtedness

BEDFORD, NS / ACCESS Newswire / August 14, 2026 / (TSXV:SSE) - Silver Spruce Resources, Inc. (the "Company") announced today that it has entered into debt settlement agreements with a company owned by a former officer and director of the Company to settle outstanding indebtedness of $66,125 for an amount of $20,000. Under the terms of the debt settlement agreement, 210,526 common shares will be issued at a deemed value of $0.095 per share.