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HDA

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Share Name Share Symbol Market Type
TSXV:HDA TSX Venture Common Stock
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Huldra Silver Inc. Announces Election of a New Director

28/06/2010 9:54pm

Marketwired Canada


On behalf of the directors of Huldra Silver Inc. (TSX VENTURE:HDA) (the
"Company" or "Huldra Silver"), Ryan Sharp, MBA, President and CEO, is pleased to
announce that Garth Braun has been elected by the shareholders to serve on the
board of directors of the Company. 


Mr. Braun has been the CEO and a director of Blackbird Energy Inc. since
November 2009. In 2008, he worked as an investment banker for Gateway Securities
Inc. Throughout the last 25 years, Mr. Braun has also operated a private
Canadian real estate development company. Mr. Sharp states, "We are very pleased
to welcome Garth to the board. Huldra Silver will definitely benefit from his
knowledge and experience in both the public and private markets."


Huldra Silver made an Application for a Mines Act Permit Amendment on May 13,
2010. As a condition of the permit, the Company posted an additional security
deposit in the amount of $50,000 bringing the total posted security deposit to
$60,000. The Company will provide complete details of the proposed work along
with a timeline once the permit has been received. 


The Company also wishes to announce that 340,000 stock options have been granted
to directors and consultants at an exercise price of $0.385 per share for a
period of 5 years.


Huldra Silver is currently working on plans to put the Treasure Mountain
project, located 3 hours east of Vancouver, BC, into development subject to
permitting and financing. The Company is also actively assessing other
opportunities for acquisition and development.


On behalf of the Board of Directors

Ryan Sharp, MBA, President CEO & Director

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect
the expectations of management regarding the Company's overall business
development objectives and plans. Forward-looking statements consist of
statements that are not purely historical, including any statements regarding
beliefs, plans, expectations or intentions regarding the future, and include
that the Company plans to put the Treasure Mountain Project into development.
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 expectations, estimates and
assumptions which 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 in North America and internationally,
(2) the inherent uncertainties and speculative nature associated with silver
exploration, (3) a decreased demand for silver, (4) any number of events or
causes which may delay exploration and development of the Company's property
interests, such as environmental liabilities, weather, mechanical failures,
safety concerns and labour problems, (5) the risk that the Company does not
execute its business plan, (6) inability to finance operations and growth, (7)
inability to obtain all necessary permitting and financing, and (8) other
factors beyond the Company's control. These forward-looking statements are made
as of the date of this news release and the Company assumes no obligation to
update these forward-looking statements, or to update the reasons why actual
results differed from those projected in the forward-looking statements, except
in accordance with applicable securities laws. Additional information about the
Company and these and other assumptions, risks and uncertainties is available in
the Company's public filings with Canadian securities regulators, available on
SEDAR at www.sedar.com.


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