Silver Pursuit Announces Private Placement

652 Millbank Vancouver, B.C. V5Z 4B7 Toll Free: +1-888-400-2928 Tel: +1-604-682-2928 Fax: +1-604-685-6905

NEWS RELEASE

SILVER PURSUIT ANNOUNCES PRIVATE PLACEMENT

Date: May 30, 2014

Silver Pursuit Resources Ltd. (the “Company”) (TSXV: SPF) is pleased to announce that it is carrying out an on-brokered private placement financing (the “Financing”) of 1,428,571 units (each, a “Unit”) at a price of $0.07 per Unit for gross proceeds of up to $100,000. Each Unit consists of one common share of the Company (each, a “Share”) and one non-transferable share purchase warrant (each, a “Warrant”). One Warrant entitles the holder thereof to purchase one additional Share at a price of $0.095 per Share for a period of five years from closing of the Financing.

All securities issued in the Financing will be subject to a statutory hold period expiring four months and one day after closing of the Financing. Completion of the Financing is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the TSX Venture Exchange. The Company may pay finder’s fees in connection with the Financing in cash, shares, warrants or a combination thereof.

ON BEHALF OF SILVER PURSUIT RESOURCES LTD.

“Benjamin Leonardo Lagarda Burton”

Benjamin Leonardo Lagarda Burton

President, CEO and Director

Neither 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.