Huldra Silver Completes $10,000,000 Convertible Debenture Financing With Announcing of Close of Final Tranche

NOT FOR DISTRIBUTION TO THE UNITED STATES WIRE SERVICES OR DISSEMINATION IN OR
INTO THE UNITED STATES


Huldra Silver Inc. (TSX VENTURE:HDA) ("Huldra" or the "Company") is pleased to
announce that it has completed a second tranche of its previously announced
private placement financing (the "Financing"), as described in its news releases
dated January 29, 2013, February 6, 2013 and February 12, 2013, pursuant to
which it has issued unsecured convertible debentures (each, a "Debenture") in
the aggregate principal amount of $2,624,800. The Debentures have a maturity
date of February 21, 2014 and bear interest at the rate of 16% per annum payable
at maturity of the Debenture. Pursuant to the terms of the Debentures, and
subject to adjustment, the subscribers may convert all or any part of the
principal amount outstanding under the Debentures into common shares in the
capital of the Company (each, a "Share") at a conversion price of $1.05 per
Share and any accrued but unpaid interest thereon at the greater of $1.05 per
Share and the Market Price (as defined in the policies of the TSX Venture
Exchange) at the time of conversion. The closing of this second tranche brought
the final total of the Financing, which closed in various tranches between
February 8, 2013 and February 13, 2013, to aggregate gross proceeds of
$10,003,800.


In connection with the closing of the second tranche of the Financing, the
Company paid aggregate cash commissions of $20,800. 


The proceeds from the sale of the Financing will be used for debt repayment and
for general working capital purposes. 


All securities issued in connection with the Financing will be subject to a
statutory four month hold period. None of the securities sold in connection with
the Financing will be registered under the U.S. Securities Act of 1933, as
amended, and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirements. This news release
shall not constitute an offer to sell or the solicitation of an offer to buy nor
shall there be any sale of the securities in any jurisdiction in which such
offer, solicitation or sale would be unlawful. 


On behalf of the Board of Directors of HULDRA SILVER INC.

Ryan Sharp, MBA, President, CEO & Director

FOR FURTHER INFORMATION PLEASE CONTACT: 
Huldra Silver Inc.
Ryan Sharp, MBA
President, CEO & Director
604-647-0142
IR@huldrasilver.com
www.huldrasilver.com

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