Huldra Silver Inc. Announces Completion of Acquisition of Four District Lots in Treasure Mountain

Huldra Silver Inc. (TSX VENTURE:HDA) (the "Company" or "Huldra") is pleased to
announce that, further to its news release of February 18, 2011, it has
completed its acquisition of four district lots consisting of 70.7 hectares of
land located at Treasure Mountain, British Columbia, pursuant to the terms of a
Purchase and Sale Agreement dated February 17, 2011 with The Gak Holdings Inc.
(the "Transaction"). Huldra currently holds the under surface mineral rights to
these properties as part of its 7,000 acre Treasure Mountain Mine property.
These surface rights give Huldra unencumbered access to areas of the property
that have had limited exploration in recent years as well as an excellent
location for mine and camp infrastructure.


In connection with the closing of the Transaction, the Company paid The Gak
Holdings a total of $200,000 cash (consisting of a $20,000 deposit which was
previously paid and a $180,000 cash payment made at closing) and issued The Gak
Holdings 130,765 common shares of the Company (each, a "Share"), having a total
value of $150,000, at a deemed price of $1.1471 per Share. The Shares are
subject to a four month restricted period under applicable securities laws until
June 25, 2011.


On behalf of the Board of Directors

Ryan Sharp, MBA, President, CEO & Director