Spruce Ridge Resources Ltd. (“Spruce” or the “Company”) (TSX-V: SHL) announces that Robert Suttie has been appointed as Chief Financial Officer of the Company effective today, replacing the Company’s CFO, Mr. Zoran Popovic.

Mr. Suttie currently works with Marrelli Support Services as its President, possessing more than 20 years of experience, ten of which were in public accounting prior to his tenure with the Marrelli organization. Mr. Suttie specializes in management advisory services, accounting and the financial disclosure needs of the Marrelli group’s public client base. Mr. Suttie also serves as Chief Financial Officer for several other junior mining and technology companies listed on the TSX-V and CSE, leveraging his skills and experience to become integral to the reporting issuers.

The Company extends its gratitude to Mr. Popovic for his service to the Company and wishes him well in his future endeavors.