Mr. Christopher Anderson of Ximen reports

XIMEN ENTERS INTO DUE DILIGENCE AGREEMENT WITH HULDRA SILVER INC.

Ximen Mining Corp. has entered into a due diligence agreement with Huldra Silver Inc. for the purposes of determining the feasibility, terms and conditions of a proposal for the acquisition of Huldra Silver. The transaction is subject to approval from the court and the creditors in the CCAA proceeding and the TSX Venture Exchange.

Ximen intends to commence legal, financial and commercial due diligence shortly.