Mr. Peter Latta reports

SILVER WOLF ADOPTS SEMI-ANNUAL FINANCIAL REPORTING

Silver Wolf Exploration Ltd. has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting (SAR).

Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the TSX Venture Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework. The company's fiscal year ends on Dec. 31. Under the SAR pilot program, the company will be exempt from filing interim financial reports and related management's discussion and analysis (MD&A) for its first and third quarters.

Interim period: The company will not file an interim report for the first quarter (Q1) ending March 31 and the third quarter (Q3) ending Sept. 30.

Continuing reporting: The company will continue to file audited financial statements (due within 120 days of Dec. 31) and six-month interim financial reports (due within 60 days of June 30).

The company confirms it meets the pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million and maintaining a clean 12-month continuous disclosure record.

This news release is being filed pursuant to Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

Expected benefits from the adoption

The company expects to realize cost savings and operational efficiencies, such as reduced professional fees from fewer reporting periods, lower filing costs, and lower regulatory and compliance costs. The company feels that semi-annual reporting is more in line with the strategy of ensuring that investor dollars are going toward exploration and project advancement, as opposed to corporate costs.

Commitment to timely disclosure

Silver Wolf will continue to promptly disclose all material changes and developments throughout the reporting periods and remains fully committed to timely disclosure to ensure that investors are fully informed between reporting periods. The adoption of SAR does not affect the company's obligations to provide comprehensive disclosure of any material information or events.

About Silver Wolf Exploration Ltd.

Silver Wolf is an exploration company focused on exploring high-potential projects in prime silver and gold regions of Mexico, including the Ana Maria and El Laberinto properties. The Ana Maria claims are located 21 kilometres (km) northwest of the city of Gomez Palacio and the adjacent city of Torreon. The property consists of 2,549 hectares (ha). The claims are located in an area that is prolific for carbonate replacement deposits (CRDs) in the vicinity of many active or historic mining operations. The company has operational synergies with Avino Silver & Gold Mines Ltd. and shares many years of combined experience in exploration, development and production. In addition, Silver Wolf has an experienced geological field team, having worked on similar projects with a demonstrated understanding of the jurisdiction and local communities.

We seek Safe Harbor.