Mr. John Carter reports

SILVER BULLET MINES CORP. ANNOUNCES SUCCESSFUL FINANCING

Silver Bullet Mines Corp. has closed on $514,000 of its previously announced financing. This first tranche closing represents 4,283,333 units, with each unit priced at 12 cents. Each unit consists of one common share and one full 16 cents warrant with a 36-month term, with each such warrant being exercisable into a common share. There is no acceleration clause on the warrants.

These funds will be used to finance an accelerated development program at the Super Champ mine in Arizona, an accelerated development program at the Washington mine property in Idaho and working capital.

Referral fees may be paid to arm's-length persons in connection with the issuance of the units.

We seek Safe Harbor.