Core Viewpoint - Silver Spruce Resources Inc. (SSEBF) has executed a reverse stock split to enhance its share structure and marketability, resulting in a significant increase in stock price and positive investor sentiment [2][3][4]. Company Overview - SSEBF is a mineral exploration company focused on acquiring and developing precious and base metal properties, primarily operating in North America [1]. Reverse Stock Split Details - On November 4, 2025, SSEBF executed a reverse stock split at a 15-for-1 ratio, reducing outstanding shares from approximately 324 million to about 21.6 million [2]. - The reverse stock split was approved during the Annual General and Special Meeting of Shareholders on November 5, 2024, aimed at streamlining the company's share structure [3]. Market Reaction - Following the reverse stock split, SSEBF's stock price increased significantly, currently priced at $0.15, with a market capitalization of approximately $51.05 million and a trading volume of 262,853 shares [4].
Silver Spruce Resources Inc. (OTC:SSEBF) Executes Reverse Stock Split
Financial Modeling Prepยท2025-11-04 16:07