SOURCE: Silver Falcon Mining, Inc.

October 20, 2009 09:25 ET

Silver Falcon Mining, Inc. (SFMI) Moves Towards Bulletin Board Listing

MURPHY, ID--(Marketwire - October 20, 2009) - Silver Falcon Mining, Inc. (PINKSHEETS: SFMI) updates its shareholders regarding the Company's move to the Bulletin Board. The Company registration statement under the 1934 Exchange Act became effective October 15, 2009. SFMI has instructed its market maker to begin the process of filing the necessary documents with FINRA to obtain clearance to move to the OVER THE COUNTER BULLETIN BOARD (OTCBB).

Upon FINRA's acceptance of the application under Rule 15c-211, SFMI will be listed on the OTCBB. The Company will continue to post reviewed quarterly and audited year end filings on the US SEC EDGAR system as required under the 1934 Exchange Act.

Pierre Quillam, CEO, states, "A move to the Bulletin Board is an exciting event as the Company launches itself towards a bright future and gives all shareholders a fully transparent view of the Company's operations. At this juncture SFMI remains a full-reporting company. Once on the OTCBB, SFMI can then petition for listings on more recognized domestic and international stock exchanges that have a focus on public mining companies."

The Company further reports that construction work on its Diamond Creek Mill facility, located at the base of War Eagle Mountain, Idaho, continues to move expeditiously with expectations of its onsite camera installation online before the end of this month.

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

Further Information 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 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.