en.Wedoany.com Reported - Canadian mineral exploration company Silver Spruce Resources announced that its board of directors has approved a major restructuring of the senior management team. Effective June 9, 2026, Kevin O’Connor will serve as Chairman and Chief Executive Officer, and Michael Kinley will assume the role of Chief Financial Officer. These appointments are subject to regulatory approval from the TSX Venture Exchange.

Kevin O’Connor has served as an independent director of the company since 2019, bringing three decades of experience as a corporate lawyer and mining expertise related to the Kay copper mine in Arizona. Michael Kinley has over 30 years of executive experience in the junior mining sector and was formerly a partner at KPMG Canada. Kinley, who has served as Silver Spruce's interim CEO and CFO since May 2023, has resigned as CEO to take on the role of Treasurer.

Alongside the corporate restructuring, the board approved the grant of a total of 1,125,000 stock options to directors, officers, employees, and consultants. Each option entitles the holder to purchase one common share of the company at a fixed price of $0.15 per share, valid for five years, in accordance with the terms of the company's compensation plan.

Silver Spruce holds a diversified portfolio of exploration projects, with a primary focus on Mexico. Key assets include the Proyecto Agrícola Pino de Plata in Chihuahua, a high-grade silver project near the Palmarejo mine, and the Jackie project in Sonora, an early-stage gold-silver epithermal deposit.

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