Huldra Silver Inc. announces proposed share consolidation

VANCOUVER, BC, July 15, 2014 – Huldra Silver Inc. (“Huldra” or the “Company“) announces that, further to its news release dated July 9, 2014, the TSX Venture Exchange has approved the consolidation of the common shares of the Company (each, a “Share“)on the basis of two (2) pre-consolidation Shares for one (1) post-consolidation Share (the “Consolidation“). The Consolidation will become effective at the opening of the market on July 17, 2014. Currently, a total of 55,589,159 Shares are issued and outstanding. Accordingly, upon the Consolidation becoming effective, a total of 27,794,580 Shares will be issued and outstanding. There is no maximum number of authorized Shares. Computershare Trust Company of Canada (“Computershare”) will mail letters of transmittal to the shareholders providing instructions on exchanging pre-Consolidation share certificates for post-Consolidation share certificates. Shareholders are encouraged to send their share certificates, together with their letter of transmittal, to Computershare in accordance with the instructions in the letter of transmittal.

On behalf of the Board of Directors:

Garth Braun
CFO & Director
For additional information:
Contact: Garth Braun

Forward-Looking Statements

Certain statements in this press release related to the Consolidation are forward-looking statements and are prospective in nature. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, including without limitation statements regarding the effective date of the Consolidation, post-Consolidation capitalization and letters of transmittal. Forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements, including without limitation the risk that the Consolidation may not become effective, the post-Consolidation capitalization may not be as stated in this news release, and that Computershare may not mail the letters of transmittal to shareholders. Such forward-looking statements should therefore be construed in light of such factors, and the Company is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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.

The information in these press releases is historical in nature, has not been updated, and is current only to the date indicated in the particular press release. This information may no longer be accurate and therefore you should not rely on the information contained in these press releases. To the extent permitted by law, Nicola Mining Inc. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.