Mr. David Coburn reports

MASIVO SILVER CLOSES SECOND AND FINAL TRANCHE OF NON- BROKERED FINANCING

Masivo Silver Corp. has closed the second and final tranche of a non-brokered private placement. The second tranche raised gross proceeds of $160,408 from the issuance of 3,055,383 units at a price of 5.25 cents per unit. The total private placement raised $1,042,644 in gross proceeds with the issuance of 19,859,880 units.

Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of 15 cents for a period of four years after closing.

The company paid finder's fees totalling $53,258 in cash and 1,014,440 warrants. Each finder's warrant entitles the holder to purchase one common share at a price of 15 cents for a period of four years after closing. All finder's fees are subject to compliance with applicable securities legislation and TSX Venture Exchange policies. All securities issued in this closing of the private placement are subject to statutory four-month hold period. The private placement remains subject to obtaining final approval of the TSX Venture Exchange.

The net proceeds of the offering will be used to advance exploration activities at the Boston mine property in the state of Nevada, as well as for general working capital.

About Masivo Silver Corp.

Masivo is a Canadian junior silver and gold mining exploration company based in Vancouver, Canada. Masivo is currently focused on advancing its exploration projects in the state of Nevada, United States, and in the state of Sinaloa, Mexico. The company's mill, located on its El Colomo property, is capable of processing up to 300 tons of ore per day.

We seek Safe Harbor.