Mr. John Carter reports

SILVER BULLET MINES CORP. ANNOUNCES SETTLEMENT OF DEBT

Silver Bullet Mines Corp. has settled a payable to a significant shareholder of the company in the amount of $70,800 by the issuance of 236,000 common shares at 30 cents per share. This shareholder elected to settle the payable by taking equity rather than cash, a strong sign of confidence in Silver Bullet's business plan.

We seek Safe Harbor.