SOURCE: Silver Falcon Mining

 

BRADENTON, FL--(Marketwire - July 21, 2008) - Silver Falcon Mining, Inc., (PINKSHEETS: SFMI) -- The Company announces an update on the progress of its United States Securities and Exchange Commission "1933 ACT" Registration Statement (USSEC 1933 ACT). Currently, the Company's auditor, William T. Uniack, CPA, is verifying the Corporation's books and records, to submit an audited statement, along with other corporate information, as part of the filing requirements for this registration on behalf of SFMI.

As noted in the Company press release, February 14, 2008, SFMI plans to file a S-1 registration statement, and retained the services of "William T. Uniack, CPA" of Woodstock, GA and Mr. Robert Mottern, Esq. at "Investment Law Group, LLP" of Atlanta, GA, to perform the work. Upon the United States Securities and Exchange Commission's acceptance of the filing, the Company will move its symbol from the Pinksheets to the Nasdaq BB. This listing on the OTCBB will require the Company to file quarterly "Qs, year end "Ks" and other disclosure statements.

Pierre Quillam, CEO, SFMI, states, "A S-1 filing, with the Securities and Exchange Commission, gives all investors and other interested parties a fully transparent view of the Company's operations. We feel confident this registration process will continue to move expeditiously over the ensuing weeks ahead. This is an important process for the Company which should be completed in Fall 2008."

Further Information contact Rich Kaiser, Investor Relations 800-631-8127 and/or the Company at 941-761-7819, www.silverfalconmining.com.

About SFMI:

Silver Falcon Mining, Inc., is an exploration and development Company specializing in high-grade Gold and Silver mining properties in North America. www.silverfalconmining.com

Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward looking statements, and not guarantees of future performance and actual results or developments may differ materially from the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.