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Press Releases

Nov 17, 2009

Sandspring Resources Ltd. Files Final Prospectus to Qualify Distribution of Securities in Connection with $6 Million Offering of Subscription Receipts

Sandspring Resources Ltd. (the
"Corporation") (TSX-V: SSP.P) is pleased to announce that, further to its press release of August 28, 2009, the Corporation has filed a final prospectus (the "Prospectus") with
securities regulators in the provinces of British Columbia, Alberta, Saskatchewan and
Ontario in connection withits previously completed $6,000,050 private placement
financing (the "Offering") of subscription receipts ("Subscription Receipts") which was
undertaken by a syndicate of underwriters led by Research Capital Corporation and including Richardson GMP Limited (collectively, the "Underwriters").