SOURCE: Silver Falcon Mining, Inc.

March 04, 2010 10:23 ET

Silver Falcon Mining, Inc. (SFMI) Gets Approval to Trade on the Over the Counter Bulletin Board

MURPHY, ID--(Marketwire - March 4, 2010) - Silver Falcon Mining, Inc. (OTCBB: SFMI) announces that FINRA has approved its listing for trading onto NASDAQ-Over The Counter Bulletin Board (OTC:BB). Stock Symbol SFMI, as of March 4, 2010, will no longer trade as a PinkSheet status listed company.

In order for SFMI to become a trading stock on the NASDAQ-OTC:BB, the Company had to first become fully reporting under the US SEC 1934 Act (The Exchange Act). Once compliant under the 1934 Act, the Company through the offices of its "Market Maker," petitioned for listing onto the NASDAQ-OTC:BB. Only companies with full disclosures and transparencies can apply for this listing status. SFMI now trades on this fully regulated NASDAQ-OTC:BB.

Pierre Quilliam, CEO, states, "This is an exciting accomplishment for the Company. Becoming NASDAQ-OTC:BB listed now enables the Company to further expand its visibility and acceptance throughout the domestic and international investment communities. The stringent rules and requirements to maintain such a listing, gives investors the confidence from full transparencies and disclosures of SFMI's operations. With SFMI now on the NASDAQ-OTC:BB, we feel confident that the Company's shares will attract investors and investment organizations which otherwise would ignore a PinkSheet listed entity."

Management will continue to update shareholders as more news becomes available regarding its gold/silver mining operations.

For further information about SFMI and this release, contact Rich Kaiser, Investor Relations, #800-631-8127, www.silverfalconmining.com.

Silver Falcon Mining, Inc. cautions that the statements made in this press release constitute forward-looking statements, and no 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.