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File: HULDRA provides update on CCAA Proceedings.doc





TSX.V: HDA
NEWS RELEASE

HULDRA SILVER PROVIDES UPDATE ON CCAA PROCESS  AND OFFER FOR PURCHASE OF CRAIGMONT PROPERTY
VANCOUVER, B.C., April 16, 2014 - Huldra Silver Inc. ("Huldra" or the "Company"), while under creditor protection unde
--->r the Companies' Creditors Arrangement Act (Canada) ("CCAA"), has been actively involved in restructuring the financia
--->l affairs of the Company.  The Company has been in negotiations with multiple parties with respect to the disposition 
--->of certain assets of the Company, including its property and mill located in Merritt, British Columbia, or the restruc
--->turing of the entire company.  
On April 12, 2014, the Company received an offer from Concept Capital Management Ltd. ("Concept") to purchase its prop
--->erty and mill which is comprised of certain lands, a lead/silver/zinc mill, a tailings facility and other assets locat
--->ed in Merritt, British Columbia for $8,000,000 to be paid in tranches, with $6,000,000 to be paid on the closing of th
--->e purchase and sale and $2,000,000 to be paid within 90 days of such closing. The closing of transaction contemplated 
--->by this offer, if accepted by the Company, would be subject to, among other things, receipt of the requisite approval 
--->of the Supreme Court of British Columbia (the "Court") and other parties in accordance with the CCAA and other require
--->d corporate approvals.
The board of directors of the Company (the "Board") is considering and evaluating the offer made by Concept, and as of
---> the date hereof has not made a decision on whether to accept the offer.  In making its decision, the Board will consi
--->der the terms of the offer made by Concept, the status and terms of its negotiations with other parties with respect t
--->o the financial restructuring of the Company, the opinion of the monitor assigned to the Company under the CCAA procee
--->dings, and such other factors as the Board determines are relevant. 
The current period of creditor protection under the CCAA remains in effect until May 26, 2014.  While under CCAA prote
--->ction, Huldra will continue attempting to restructure its financial affairs.
On behalf of the Board of Directors
 "Garth Braun" 		  Garth Braun  CFO & Director

For additional information contact:  Garth Braun at 604-647-0142  garth@huldrasilver.com  IR@huldrasilver.com

Disclaimer for Forward-Looking Information
This press release contains projections and forward-looking information that involve various risks and uncertainties r
--->egarding future events including: (i) that if Huldra accepts the offer made by Concept, that it will close on the term
--->s summarized in this news release, (ii) that Huldra is continuing to negotiate the disposition of certain of its asset
--->s with multiple parties in an attempt to restructure its financial affairs;(iii) that Huldra will be able to restructu
--->re its financial affairs, (iv) that Huldra will be able to recommence operations at its mine and mill if these assets 
--->are not sole, and (iii) the timing and duration of CCAA protection. No assurance can be given that any of the events a
--->nticipated by the forward-looking statements will occur as planned or at all, or, if they do occur, what benefits the 
--->Company will obtain from them. These forward-looking statements reflect management's current views and are based on ce
--->rtain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties cou
--->ld cause the Company's actual results to differ materially from those expressed or implied by the forward-looking stat
--->ements, including: (1) that Huldra is unable to secure additional financing or make arrangements with its creditors, i
--->ncluding accepting an offer made by Concept with respect to the purchase and sale of the Craigmont Property (2) that H
--->uldra will be unable to recommence operations at its mine and mill for any reason whatsoever, (3) that the timing and 
--->duration of CCAA protection may be shorter than expected, (4) a downturn in general economic conditions in North Ameri
--->ca and internationally, (5) volatility and fluctuation in the prices of silver, lead and zinc, (6) volatility and fluc
--->tuation in the price of the Company's stock and stock of resource issuers generally, (7) the uncertainty involved in C
--->ourt proceedings and the implementation of a plan of restructuring under the CCAA, and (8) other factors beyond the Co
--->mpany's control. Readers are cautioned that the foregoing list of factors is not exhaustive. These and all subsequent 
--->written and oral forward-looking information are based on estimates and opinions of management on the dates they are m
--->ade and expressly qualified in their entirety by this notice. Except as required by law, the Company assumes no obliga
--->tion to update forward-looking information should circumstances or management's estimates or opinions change. 
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.