Hi Ho Silver Closes Flow-Through Private Placement

Exploring for Molybdenum/Copper/Gold assets

Engaged in the Acquisition and Development of Mineral Properties

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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Hi Ho Silver Closes Flow-Through Private Placement

posted on Apr 08, 2013 10:56AM

(via Thenewswire.ca)

VANCOUVER, CANADA, April 8, 2013 - Hi Ho Silver Resources Inc. ("Hi Ho" or the "Company") (CNSX: HHS) is pleased to announce the closing of a non-brokered private placement (the "Private Placement") that raised gross proceeds of $98,500 through the sale of 1,970,000 flow-through units ("FT Units") at a price of $0.05 per FT Unit. Each FT Unit is comprised of one common share of Hi Ho to be issued on a "flow-through" basis under the Income Tax Act (Canada) and one flow-through common share purchase warrant (each a "FT Warrant"). Each FT Warrant will be exercisable to acquire one additional common share of Hi Ho to be issued on a "flow-through" basis under the Income Tax Act (Canada) at any time for a two year period following issuance, at an exercise price of $0.10 per share.

The proceeds of the Private Placement will be used for exploration of Hi Ho's Canadian mineral properties. All securities issued in the Private Placement will be subject to a four-month hold period to August 5, 2013, pursuant to applicable securities laws.

Hi Ho Silver Resources Inc. is a Canadian exploration company dedicated to the exploration of precious metal deposits across Canada. For further information on the Company and its projects, please visit our website at www.hihoresources.com or contact our President and CEO, Mr. Dennis McKnight.

On Behalf of the Board of Directors

Dennis McKnight,

President , Chief Executive Officer and Director

Hi Ho Silver Resources Inc.

Tel: 778-868-9424

Email: [email protected]

Website: www.hihoresources.com

The Canadian National Stock Exchange (CNSX) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document. Company information can be viewed here: www.CNSX.ca Note: Further information regarding the Company can be found on SEDAR at www.SEDAR.com

Source: TheNewsWire (April 8, 2013 - 9:12 AM EDT)

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