Basically stating what the recent filing implied...
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Silver Falcon Mining, Inc. (SFMI) Brings New Investment Consortium for Capital Infusion
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BRADENTON, FL -- (Marketwire) -- 06/11/12 -- Silver Falcon Mining, Inc. (OTCBB: SFMI) is pleased to announce that a consortium of institutional investors, along with Mr. Allen Simon, the Chairman of SFMI's Advisory Board have agreed to and made an initial injection of capital into Silver Falcon Mining, Inc.
These investors are well aware of the capital intense requirements of this mining operation and have assured Mr. Pierre Quilliam, CEO of SFMI, of their commitment to him, to Silver Falcon Mining, Inc. and most of all, to their shareholders. Their willingness to stand by this exciting project is a testament to management's belief in the intrinsic value of War Eagle Mountain and of its operations.
About Silver Falcon Mining, Inc.
Silver Falcon Mining, Inc. (OTCBB: SFMI) is a producer, developer and explorer of mineral resources, primarily in Owyhee County, Idaho, USA, with the objective of being a profitable, low-cost, precious metal producer and creating significant growth in shareholder value.
Further Information contact: Rich Kaiser, Investor Relations, 757-306-6090, http://www.silverfalconmining.com.
SFMI cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performance and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time statements are made.
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Contact:
Rich Kaiser
757-306-6090
