Mr. Peter Ball reports

SILVER HAMMER ANNOUNCES DEBT SETTLEMENTS

Subject to regulatory approval, Silver Hammer Mining Corp. intends to complete debt settlements by the issuance of a total of 4,569,956 common shares at a deemed price of 5.5 cents per share to settle debts owing pursuant to past consulting, accounting, legal and other services provided to the company for a total amount of $251,347.56 (excluding goods and services tax).

"Silver Hammer Mining appreciates the patience and support of our shareholders as we continue to push forward and significantly reduce the company's debt," commented Peter A. Ball, president and chief executive officer of Silver Hammer Mining.

The securities issued in connection with the debt settlements will be subject to a statutory hold period of four months and one day following the closing of the debt settlements, in accordance with applicable securities legislation.

About Silver Hammer Mining Corp.

Silver Hammer Mining is a junior resource company focused on advancing past-producing, high-grade silver projects in the United States. Silver Hammer controls 100 per cent of the Silver Strand mine in the Coeur d'Alene mining district in Idaho, United States, as well as the Eliza silver project and the Silverton silver mine in Nevada and the Lacy gold project in British Columbia, Canada. Silver Hammer's primary focus is defining and developing silver deposits near past-producing mines that have not been adequately tested. The company's portfolio also provides exposure to copper and gold discoveries.

We seek Safe Harbor.