Huldra Silver Inc. engages Haywood Securities as strategic advisor and provides update on Dip Loan

VANCOUVER, B.C., September 10, 2013 – Huldra Silver Inc. (“Huldra” or the “Company“) announces that it has entered into a Strategic Advisory Agreement with Haywood Securities Inc. (“Haywood“) whereby Haywood has agreed to provide strategic advisory services to the Company to identify alternatives to resolve the Company’s current and future debt obligations and to unlock value from the Company’s assets, including but not limited to, raising capital that may be required to stabilize the Company’s going-concern operations, disposing of certain assets, facilitating a merger or takeover of the Company by a third party, providing input into the development of a formal restructuring plan in the CCAA proceedings and conducting a strategic review (the “Strategic Review“). The Strategic Review will include, but not be limited to: meeting with the Company’s Board of Directors, senior management, major creditors, major shareholders, Grant Thornton LLP (the court appointed Monitor), technical advisors and such other additional parties as Haywood deems necessary; reviewing information related to the business, operations and financial performance of the Company, its peer group, and any other party which Haywood considers to be relevant; reviewing such financial, market and industry information and conducting such other analyses as Haywood considers relevant and appropriate in the circumstances; reviewing and evaluating financing options and considering asset disposition opportunities, debt restructuring and other opportunities available to the Company; considering and evaluating strategic opportunities and alternatives for the Company; and meeting with and introducing the Company to investors, analysts and industry participants to solicit interest in the Company and its strategic opportunities and alternatives. The Company has agreed to pay Haywood a work fee of up...