Huldra Announces Closing of $779,000 Private Placement

Huldra Silver Inc. (TSX VENTURE:HDA) ("Huldra" or the "Company") today announces
that it has closed a previously announced non-brokered private placement of
3,895,000 units at a price of $0.20 per unit for gross proceeds of $779,000.
Each unit is comprised of one common share and one warrant, with each warrant
exercisable into one common share until November 4, 2011 at an exercise price of
$0.35 per share. A finder's fee was paid in connection with the offering,
consisting of a cash payment of $52,960 and the issuance of 264,800 warrants,
exercisable at $0.20 per share until November 4, 2011. The shares and warrants
are subject to a hold period expiring on September 5, 2010. The net proceeds to
Huldra Silver Inc. were $725,640.


The proceeds of the private placement will be applied to corporate expenditures
and working capital.


Issuance of Options

Huldra also announces that 150,000 stock options have been granted to a director
of the Company. The options are exercisable at a price of $0.25 for a period of
five years. The options are subject to the terms of the Company's stock option
plan.


On behalf of the Board of Directors

Magnus Bratlien, President