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Tackler

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Tackler

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Saturday, 07/09/2005 12:33:08 PM

Saturday, July 09, 2005 12:33:08 PM

Post# of 73
SSE Silver Spruce abandons Synxx and Ethxx deal

2005-07-05 15:04 ET - News Release

Mr. Lloyd Hillier reports

Silver Spruce Resources Inc. is no longer pursuing a reverse takeover bid announced in November, 2003, with Synxx Synfuels Inc. and Ethxx Internation Inc. both of Thornhill, Ont. The corporation is no longer pursuing a business combination with Synxx or Ethxx and is currently in the process of negotiating with Synxx and Ethxx for compensation rated to the expenses incurred by the corporation in pursuing the business combination.

The corporation is currently exploring other ventures in the energy sector and will update investors as new developments transpire

T

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