CanadianSilverHunterInc.FilesFinalProspectusandIntendstoGrantStock OptionsuponClosingofitsInitialPublicOffering 

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� Canadian�Silver�Hunter�Inc.�Files�Final�Prospectus�and�Intends�to�Grant�Stock� Options�upon�Closing�of�its�Initial�Public�Offering�

� Toronto,�Ontario�(July�18,�2011):�Canadian�Silver�Hunter�(the�“Corporation”)�is�pleased�to�announce�that� on�July�14,�2011�it�filed�a�final�prospectus�in�the�provinces�of�Ontario,�Alberta�and�British�Columbia�in� respect�of�its�proposed�initial�public�offering�(the�“Offering”)�of�10,000,000�units�(each,�a�“Unit”)�at� $0.25�per�unit�for�gross�proceeds�of�$2,500,000�through�All�Group�Financial�Services�Inc.�(the�“Agent”).�� Each�Unit�is�comprised�of�one�common�share�of�the�Corporation�(each,�a�“Share”)�and�one�half�of�a� Share�purchase�warrant�(each�whole�such�warrant,�a�“Warrant”),�each�Warrant�entitling�the�holder� thereof�to�purchase�one�additional�Share�at�a�price�of�$0.50�per�Share�at�any�time�on�or�before�5:00� p.m.�(Toronto�time)�on�the�date�that�is�twenty�four�months�following�the�date�of�closing�of�the�Offering.� The�Corporation�has�received�conditional�approval�to�list�its�Shares�on�the�TSX�Venture�Exchange�upon� completion�of�the�Offering,�and�subject�to�the�final�approval�of�the�TSX�Venture�Exchange.�For�more� information,�a�copy�of�the�Corporation’s�prospectus�can�be�viewed�on�SEDAR�(www.sedar.com).� � The�board�of�directors�of�the�Corporation�have�determined�to�grant�on�the�closing�date�of�the�Offering,� pursuant�to�the�Corporation’s�stock�option�plan,�stock�options�exercisable�for�an�aggregate�of�750,000� common�shares�to�certain�officers,�directors,�and�employees�of�the�Corporation,�at�an�exercise�price�of� $0.25�per�share�for�a�period�of�five�years�from�the�date�of�grant.�

� For�further�information�please�contact:�

� Canadian�Silver�Hunter�Inc.� � Jeffrey�Hunter� President�and�CEO� Tel:�(416)�707�4230�� E:�[email protected]� � CAUTIONARY�STATEMENT:�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.�This�news�release�contains�forward�looking�information�which�is�not�comprised�of�historical�facts.� Forward�looking�information�involves�risks,�uncertainties�and�other�factors�that�could�cause�actual�events,�results,� performance,�prospects�and�opportunities�to�differ�materially�from�those�expressed�or�implied�by�such�forward� looking�information.�Forward�looking�information�in�this�news�release�includes,�but�is�not�limited�to,�the� Corporation's�objectives,�goals�or�future�plans,�the�completion�of�the�Offering,�and�the�listing�on�the�TSX�Venture� Exchange.�Factors�that�could�cause�actual�results�to�differ�materially�from�such�forward�looking�information� include,�but�are�not�limited�to,�those�risks�set�out�in�the�Corporation's�public�documents�filed�on�SEDAR.�Although� The�Corporation�believes�that�the�assumptions�and�factors�used�in�preparing�the�forward�looking�information�in� this�news�release�are�reasonable,�undue�reliance�should�not�be�placed�on�such�information,�which�only�applies�as� of�the�date�of�this�news�release,�and�no�assurance�can�be�given�that�such�events�will�occur�in�the�disclosed�time� frames�or�at�all.�The�Corporation�disclaims�any�intention�or�obligation�to�update�or�revise�any�forward�looking� information,�whether�as�a�result�of�new�information,�future�events�or�otherwise,�other�than�as�required�by�law.� �