Vancouver, BC – Silver Viper Minerals Corp. – (TSXV: VIPR) (“Silver Viper” or the “Company”) is pleased to announce that the Company intends to undertake a private placement financing (the “Offering”) to raise gross proceeds of up to $3.0 million from the sale of up to 12,000,000 units at a price of $0.25 per unit (“Units”). Each Unit will consist of one common share of the Company and one half of one share purchase warrant, with each whole warrant entitling the holder thereof to purchase one common share of the Company for a period of two years at a price of $0.35 per share.