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HDA

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Share Name Share Symbol Market Type
TSXV:HDA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Huldra Silver Provides Update on Milling and Mining Operations

26/06/2013 2:40pm

Marketwired Canada


Huldra Silver Inc. ("Huldra" or the "Company") (TSX VENTURE:HDA) announces that,
as of June 25, 2013, it has commenced the process of putting its mine and mill
on care and maintenance. The Company has suspended operations in order to
minimize cash obligations. As announced in its June 24, 2013 news release, the
Company had already temporarily suspended milling operations a few days prior to
a planned maintenance procedure in order to install previously purchased rubber
ball mill liners. 


Mining operations were put into care and maintenance on June 25, 2013 due to
market factors. The Company was currently mining Stopes 2 and 5, but, without
additional liquidity, is unable to adequately fund both mining at Treasure
Mountain and transportation to its processing mill. 


Huldra will continue to pursue financing options in order to recommence
operations at both the mine and mill.


On behalf of the Board of Directors

Ryan Sharp, MBA, President, CEO & Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect
management's expectations regarding the continued operations, results of
operations, performance and business prospects and opportunities of the Company,
including statements related to obtaining additional financing. Forward-looking
statements consist of statements that are not purely historical, including any
statements regarding beliefs, plans, expectations or intentions regarding the
future. Such statements are subject to risks and uncertainties that may cause
actual results, performance or developments to differ materially from those
contained in the statements. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if they do occur,
what benefits the Company will obtain from them. These forward-looking
statements reflect management's current views and are based on certain
assumptions and speak only as of the date of this release. These assumptions,
which include management's current expectations, estimates and assumptions about
the Company's ability to raise the necessary financing to continue its
operations, the market price and demand for silver and other minerals, may prove
to be incorrect. 

A number of risks and uncertainties could cause the Company's actual results to
differ materially from those expressed or implied by the forward-looking
statements, including: (1) a downturn in general economic conditions, (2) a
decreased demand for or a sustained decease in the price of silver and other
minerals, (3) delays in the timelines with respect to the Company's projects,
(4) unexpected difficulties with the milling and the extraction of minerals from
the Company's projects including that such minerals may not be economically
mined and extracted, (5) unexpected interruptions and problems encountered in
the operation of the milling facility, (6) factors that delay or cause
difficulties in timing of shipments of concentrates by the Company, (7)
inability to locate and acquire additional property interests, (8) the
uncertainty of government regulation and politics in British Columbia regarding
mining and mineral exploration, (9) potential negative financial impact from
regulatory investigations, claims, lawsuits and other legal proceedings and
challenges, (10) inability to secure financing to enable the Company to meet its
business objectives and continuing operations, and (11) other factors beyond the
Company's control. There is a significant risk that such forward-looking
statements will not prove to be accurate. Investors are cautioned not to place
undue reliance on these forward-looking statements. No forward-looking statement
is a guarantee of future results. The Company disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by
law. Additional information about assumptions, risks and uncertainties are set
out in the section entitled "Risk Factors" in the Company's MD&A filed on SEDAR
at www.sedar.com. 



FOR FURTHER INFORMATION PLEASE CONTACT: 
Huldra Silver Inc.
Ryan Sharp
604-647-0142
ryan@huldrasilver.com
IR@huldrasilver.com

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