Report of Acquisition of Units of Agave Silver Corp. (Formerly Cream Minerals Ltd.)

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 3, 2013) - On October 3, 2013, Frank A. Lang (the "Offeror"), a significant shareholder and former Chairman of Agave Silver Corp. (formerly Cream Minerals Ltd.) (the "Company"), acquired beneficial ownership of 4,000,000 units of the Company ("Units") at a price of $0.10 per Unit. Each Unit consisted of one post-consolidation common share (a "Share") of the Company and one common share purchase warrant ("Warrant"), each Warrant entitling the Offeror to purchase one post-consolidation common share of the Company at an exercise price of $0.25 until October 3, 2015.

The aggregate of 4,000,000 Shares acquired by the Offeror represents approximately 18.6% of the issued and outstanding post-consolidation common shares of the Company on an undiluted basis.

After giving effect to the acquisition of the Units, the Offeror owns or controls approximately 6,658,362 post-consolidation common shares of the Company and Warrants entitling the Offeror to acquire an additional 4,000,000 post-consolidation common shares, which collectively represents approximately 41.7% of the issued and outstanding post-consolidation common shares of the Company, calculated on a partially-diluted basis assuming the exercise of all Warrants held by the Offeror (or 30.9% on an undiluted basis, assuming no Warrants are exercised).

Frank A. Lang acquired these securities pursuant to a non-brokered private placement of the Company and for investment purposes. The aggregate purchase price paid by Mr. Lang for the Units was $400,000. Mr. Lang may increase his holdings in the Company in future if he considers such increase to be warranted, but has no intention to acquire ownership of, or control over, additional securities of the Company at this time.

As prescribed by applicable securities legislation, Mr. Lang filed a report via SEDAR with securities regulators detailing the above transaction. A copy of the report may be obtained directly from www.sedar.ca or may be requested via telephone from Mr. Lang at 604-558-3909.

Frank A. Lang

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.