Sunshine Silver Mines Corporation (SSMC)

[NYBob]

On May 11, 2010, the Company, through its wholly owned subsidiary SOP,
acquired the net assets of Sterling’s Idaho Sunshine mine
by purchase from Sterling’s bankruptcy proceedings.
Included in this purchase was Sterling’s mine lease with
Sunshine Precious Metals, Inc. (“SPMI”). In July 2010,
SOP exercised the option in the lease to buy
the Sunshine Mine and facilities from SPMI.