Hi Ho Silver Resources Inc.
CNQ : HIHO
FRANKFURT : H9T

Hi Ho Silver Resources Inc.

October 30, 2007 13:44 ET

Hi Ho Silver Appoints New CFO

MISSISSAUGA, ONTARIO--(Marketwire - Oct. 30, 2007) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. RESIDENTS

Hi Ho Silver Resources Inc. ("Hi Ho Silver" or the "Company") (CNQ:HIHO) (FRANKFURT:H9T) is pleased to announce that Jamie Rainbird, a director of the company, has been appointed as the Company's Chief Financial Officer. Mr. Rainbird replaces Wayne Turgeon who will continue as a consultant to the Company.

Mr. Rainbird will take an active role in the Company's affairs and brings extensive financial and business experience to the Company. Mr. Rainbird previously held various management roles with the Royal Bank of Canada for eight years. Prior to that, Mr. Rainbird was associated with Group#1 Financial Services Inc. of Chatham, Ontario for ten years. Mr. Rainbird graduated from Laurentian University with a B.A in Economics and is a Chartered Financial Planner. Mr. Rainbird is also President and CEO of Intigold Mines Ltd., a private junior mining company which is taking the necessary steps to become a publicly traded company.

Further to the Company's news release dated October 17, 2007, the Company announces that 200,000 of the 1,100,000 units recently issued at $1.00 per unit were issued on a flow through basis. In connection with the financing, the Company paid a 10% finder's totalling $20,000 to FineLineExpertise.

Signed,

HI HO SILVER RESOURCES INC.

Fred Fisher, President & C.E.O.

The CNQ Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this document.

Contact Information

  • Hi Ho Silver Resources Inc.
    Fred Fisher
    President/CEO
    (905) 602-4653
    or
    Hi Ho Silver Resources Inc.
    Isabel Alves
    Investor Relations
    (905) 602-4653
    (905) 602-4656 (FAX)
    Email: info@hhsr.ca
    Website: www.hhsr.ca