Mr. William Sheriff reports

SILVER PREDATOR RECEIVES US$275,000 LOAN

Silver Predator Corp. has arranged for a $275,000 (U.S.) loan from Resource Re Ltd. to fund its working capital requirements.

The loan is secured by the assets of the company and bears interest at 12 per cent per annum. The loan is due Dec. 31, 2015. The company may prepay the principal, in whole or in part, at any time without penalty prior to maturity.

Resource Re Ltd., a wholly owned subsidiary of Till Capital Ltd., owns 71.65 per cent of the company's outstanding common shares. The loan is a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions (MI 61-101). The company is relying on the exemption from the formal valuation requirement in Section 5.5(b) of MI 61-101 (as a result of its shares being listed on the TSX Venture Exchange) and the exemption from the minority approval requirement in Section 5.7(a) of MI 61-101 (as a result of the transaction value being less than 25 per cent of the company's market capitalization).

Mark C. Shutty, CPG, a qualified person as defined by National Instrument 43-101 and a consultant for the company, has reviewed, verified and approved disclosure of the technical information contained in this news release.