AGH

Canadian Silver Hunter Inc. ("CSH") (TSX VENTURE:AGH) is pleased to announce
that yesterday it completed a non-brokered private placement financing of
400,000 common shares of CSH (each, a "Common Share") issued on a flow-through
basis at a price of $0.10 per Common Share for gross proceeds of $40,000 (the
"Offering"). 


The securities issued pursuant to the Offering are subject to a statutory hold
period until February 3, 2014. CSH will use the net proceeds from the Offering
to fund continued exploration on its South Lorrain Project.


The participation in the Offering by certain "related parties" of CSH
constitutes a "related party transaction" as such terms are defined by
Multilateral Instrument 61-101 - Protection of Minority Security Holders in
Special Transactions ("MI 61-101"), requiring CSH, in the absence of exemptions,
to obtain a formal valuation for, and minority shareholder approval of, the
"related party transaction". Mr. Jeffrey Hunter, CSH's President and CEO,
subscribed for 200,000 Common Shares for proceeds for $20,000 under the
Offering, representing just over 1% of the total number of Common Shares issued
and outstanding immediately prior to the Offering. As of the completion of the
Offering, Mr. Hunter now holds, controls or directs, directly or indirectly,
5,301,000 Common Shares representing approximately 27.8% of the outstanding
Common Shares on a post-transaction basis. Mr. Carmelo Marrelli, CSH's CFO,
subscribed for 100,000 Common Shares for proceeds of $10,000 under the Offering,
representing just over 0.5% of the total number of Common Shares issued and
outstanding immediately prior to the Offering. As of the completion of the
Offering, Mr. Marrelli now holds, controls or directs, directly or indirectly,
210,000 Common Shares representing approximately 1.1% of the outstanding Common
Shares on a post-transaction basis. CSH is relying on the exemptions from the
formal valuation and minority approval requirements under MI 61-101 pursuant to
which a formal valuation and minority approval are not required because at the
time the Offering was agreed to, neither the fair market value of the subject
matter of, nor the fair market value of the consideration for, the participation
in the Offering by Messrs. Hunter and Marrelli exceeded 25% of CSH's market
capitalization. The participation by each of Messrs. Hunter and Marrelli in the
Offering was approved by the independent directors of CSH. It was not
practicable for CSH to previously disclose the participation in the Offering by
insiders of CSH earlier, as the level of participation was not known to CSH
until immediately prior to closing.


About Canadian Silver Hunter

Canadian Silver Hunter Inc. is a Canadian exploration company focused on the
exploration of silver-cobalt deposits on its flagship South Lorrain Project
(formerly the Keeley Frontier Project). The South Lorrain Project is located
within the historic South Lorrain Silver Camp, which along with the historic
Cobalt and Gowganda silver camps is part of a world class silver district in the
Abitibi Greenstone Belt between Temagami and Kirkland Lake, in northeastern
Ontario.


The South Lorrain Project is made up of four properties, centered by two
prolific past producing silver-cobalt mines, the Keeley and the Frontier.
Combined production from the two mines totaled 19.2 million ounces of silver,
and 3.3 million pounds of cobalt, with an average grade of 58 ounces of silver
per tonne.


The company will continue to focus its exploration efforts on the existing
targets located on the Keeley-Frontier property portion of the project. For
further details about the Company's project and plans please visit the Canadian
Silver Hunter Inc. website at www.canadiansilverhunter.ca.


CAUTIONARY STATEMENT: 

Neither the TSX-V nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release. 


This release includes certain "forward-looking statements". These statements are
based on information currently available to CSH and CSH provides no assurance
that actual results will meet management's expectations. Forward-looking
statements include estimates and statements that describe CSH's future plans,
objectives or goals, including words to the effect that the Company or
management expects a stated condition or result to occur. Forward-looking
statements may be identified by such terms as "believes", "anticipates",
"expects", "estimates", "may", "could", "would", "will", or "plan". Since
forward-looking statements are based on assumptions and address future events
and conditions, by their very nature they involve inherent risks and
uncertainties. Actual results relating to, among other things, results of
exploration or project development related to the CSH's mineral properties,
outcomes of proposed or contemplated acquisitions or other transactions, the
CSH's financial condition and prospects, and the use of proceeds of the
Offering, could differ materially from those currently anticipated in such
statements for many reasons such as: changes in general economic conditions and
conditions in the financial markets; changes in demand and prices for minerals;
litigation, legislative, environmental and other judicial, regulatory, political
and competitive developments; operational difficulties encountered in connection
with the activities of CSH; and other matters discussed in this news release.
This list is not exhaustive of the factors that may affect any of CSH's
forward-looking statements. These and other factors should be considered
carefully, and readers should not place undue reliance on CSH's forward-looking
statements. CSH does not undertake to update any forward-looking statement that
may be made from time to time by CSH or on its behalf, except in accordance with
applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadian Silver Hunter Inc.
Jeffrey Hunter
President and CEO
(416) 707-4230
jhunter@cshi.ca
www.canadiansilverhunter.ca

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