Mr. Kevin O'Connor reports

SILVER SPRUCE RESOURCES INC. ANNOUNCES CHANGE TO DIRECTOR SLATE FOR ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

For personal reasons, Paul Smith will not be standing for election to the board of directors at the company's 2026 annual general and special meeting of shareholders, which has been adjourned from the original meeting date of April 28, 2026, at 2 p.m. Atlantic Time to the new date of May 5, 2026, at 2 p.m. Atlantic Time. Mr. Smith will continue to act as vice-president, exploration of the company.

Shareholders will continue to be able to cast their votes for the matters for the considered at the meeting using the proxies and voting information previously distributed to the shareholders. However, any votes cast for Mr. Smith's election will be disregarded.

The details of the meeting, including how to attend the meeting, are set out in the company's management information circular dated March 20, 2026. The record date for determining shareholders entitled to vote at the meeting remains the close of business on March 19, 2026.

Silver Spruce encourages all shareholders of record on March 19, 2026 who have not yet voted to do so by 2 p.m. Atlantic Time on May 4, 2025. Shareholders with questions on how to vote their common shares are encouraged to contact TSX Trust Company toll-free in North America at 1-800-387-0825 or by e-mail at shareholderinquiries@tmx.com.

About Silver Spruce Resources Inc.

Silver Spruce Resources is a Canadian junior exploration company. The company's diversified exploration portfolio now includes:

• Pino de Plata silver project -- high-grade silver property with historic artisanal mining located 15 kilometres west of Coeur Mining's Palmarejo mine in western Chihuahua, Mexico;
• Jackie gold-silver project -- early-stage epithermal project with high-grade surface sampling and strong structural targets located less than 10 kilometres northwest from Minera Alamos's Nicho deposit in eastern Sonora, Mexico;
• Melchett Lake VMS (volcanogenic massive sulphide) zinc-silver-gold-copper project -- polymetallic project with historical drilling in the Thunder Pay mining district of Ontario.

We seek Safe Harbor.