Silver Predator Shareholders Approve Acquisition of Springer Mining Company

Silver Predator Corp. (TSX:SPD) (the “Company”) is pleased to announce that at its Annual General and Special Meeting held on February 21, 2014 in Vancouver, British Columbia, the shareholders approved the acquisition (the “Acquisition”) of Springer Mining Company and other assets from Americas Bullion Royalty Corp. (“AMB”). 97.3% of eligible votes received were in support of the acquisition.

A total of 22,569,269 voting shares were cast at the meeting, representing 33.23% of the issued and outstanding common shares of the Company. Shareholders voted in favour of all items of business, including the election of Directors.

Transaction with Americas Bullion Royalty Corp.
On December 17, 2013, Silver Predator announced it agreed to acquire Springer Mining Company and other assets from AMB for an aggregate purchase price of US$5,000,000 and the grant by the Company of a royalty interest in each of its properties held at closing. Concurrent with the Acquisition, AMB would commit an additional US$1,800,000 by private placement to further fund the Company. More detailed terms of the agreement with AMB can be found in the December 17, 2013 news release.

The Acquisition is part of a reorganization of AMB whereby AMB will become a wholly-owned subsidiary of Resource Holdings Ltd. (“RH”), a Bermuda company. The Acquisition is subject to the receipt of AMB shareholder approval at a special shareholder meeting expected to be held on March 28, 2014, conditional listing approval of the TSX-V to list the RH shares on the TSX-V, non-objection from the Bermuda Monetary Authority, and the receipt of any other required approvals under AMB’s reorganization. AMB’s reorganization is anticipated to take place on or about April 1, 2014.

Completion of the Acquisition is also subject to customary closing conditions, including, among other things, approval of the TSX-V.

Election of Directors
The shareholders approved the election of all seven director nominees as detailed below:

The shareholders have approved the appointment of two new Directors:

Dean J. Schiller, Director
Mr. Schiller is a recognized tungsten expert with 20 years of experience, including serving until 2010 as the Global Business Commodity Manager for Global Tungsten & Powders Corp. (GTP), one of the largest manufacturers of tungsten metal powders. GTP is part of the Plansee Group, a worldwide leading powder metallurgical industrial group that covers the whole supply chain of the high-tech materials Molybdenum and Tungsten – from ore processing to the production of customer-specific components. During his tenure with GTP, he was the architect of a number of long-term supply agreements ranging from US $50 - $100 million. In securing over 10% of the world's tungsten supply, he evaluated many tungsten operations for capacity, cost, quality and other risk factors. Mr. Schiller also serves as the President of Wolfram Enterprises, LLC and has been a speaker at several International Tungsten Industry Association events.

Donn Burchill, Director
Mr. Burchill has over 25 years of public issuer experience and continues to serve as a director and officer for several public companies. He served as the Controller for Quest Capital Corp. from 1994 until 1997 and as Chief Financial Officer for Kernow Resources & Development Ltd. from 2009 to 2010 and is currently a self-employed accountant. Mr. Burchill received his Bachelor of Arts from the University of Victoria in 1976 and his Certified Management Accountant Designation from the CMA of British Columbia in 1983.

Detailed voting results for the February 21, 2014 Annual General and Special Meeting can be found in the Report of Voting Results available under the Company’s profile on SEDAR at www.sedar.com

The securities referenced in this news release have not been registered and may not be sold in the United States absent registration or an exemption from registration.

About Silver Predator Corp.
Silver Predator’s corporate mandate is to advance the previously operated Nevada-based Taylor project. The Taylor project hosts a current resource estimate, is open to expansion, and is located in a district that has identified the potential for discovery of additional silver and gold deposits. With quality assets in a world-class jurisdiction, and an exploration team with a history of success in Nevada, Silver Predator is positioned to advance new and existing discoveries.

For additional information:
William M. Sheriff, Chairman
(208) 635 5415
or
Nathan A. Tewalt, Chief Executive Officer
(775) 525-2593
info@silverpredator.com
www.silverpredator.com

Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein including, without limitation; statements about the terms and completion of the Acquisition and Concurrent Financing are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: failure to satisfy all conditions precedent to the Acquisition, including disinterested shareholder approval, stock exchange regulatory approval and completion of the Concurrent Financing, and the additional risks identified in the management discussion and analysis section of the Company’s interim and most recent annual financial statement or other reports and filings with the TSX and applicable Canadian securities regulators. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the respective companies undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

Silver Predator Corp.
William M. Sheriff, (208) 635 5415
Chairman
or
Nathan A. Tewalt, (775) 525-2593
Chief Executive Officer
info@silverpredator.com
www.silverpredator.com