Canadian Silver Hunter (AGH.H)

[The_Medik]

CANADIAN SILVER HUNTER ANNOUNCES $40,000 NON-BROKERED PRIVATE PLACEMENT

Canadian Silver Hunter Inc. intends to complete a non-brokered private placement financing of 400,000 common shares issued on a flow-through basis at a price of 10 cents per common share for gross proceeds of $40,000.

The securities issued pursuant to the offering will be subject to a four-month-and-one-day statutory hold period. The offering is also subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities. CSH will use the net proceeds from the offering to finance continued exploration on its South Lorrain project.

It is anticipated that certain related parties of CSH, namely certain officers and directors of CSH, may participate in the offering, which would constitute a related-party transaction as such terms are defined by Multilateral Instrument 61-101 -- protection of minority security holders in special transactions. CSH would rely on the exemptions from the formal valuation and minority approval requirements under MI 61-101 based on the fair market value of the common shares, and the fair market value of the consideration therefor, in respect of the related-party participation in the offering, representing less than 25 per cent of CSH's market capitalization.

We seek Safe Harbor.