Huldra Silver Inc. announces share surrender agreement

VANCOUVER, B.C., February 25, 2015 – Huldra Silver Inc. (“Huldra” or the “Company“) is pleased to announce that Huldra and Craigmont Mines, a joint venture (“CMJV”) have entered into a Share Surrender Agreement (the “Agreement”), whereby CMJV has agreed to surrender and return to treasury 18,000,000 common shares in the capital of Huldra (collectively, the “Settlement Shares”) that were issued to CMJV in connection with Huldra’s proceedings under the Companies’ Creditors Arrangement Act (Canada) (the “CCAA”). The Settlement Shares were issued on November 21, 2014 in settlement of a $900,000 claim made by CMJV under the CCAA proceedings for potential reclamation liabilities in the event that Huldra would enter into an insolvency process. The total number of issued and outstanding common shares of Huldra has been reduced from 420,967,803 shares to 402,967,803 shares, a decrease of approximately 4.3%.

On behalf of the Board of Directors

“Peter Espig”

Peter Espig
CEO & Director
For additional information
Contact: (604) 647-0142

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