Private Placement

August 14, 2014, Vancouver, BC: Silver Grail Resources Ltd. (“Silver Grail) (“SVG”-TSX-V)
(“KD7″-Frankfurt) has agreed to complete a private placement to raise proceeds of up to $350,000.

The private placement will consist of an offering of 7,000,000 units (each a “Unit) at a price of $0.05
per Unit (the “Offering”). Each Unit will consist of one common share of Silver Grail and one
common share-purchase warrant; each warrant will entitle the holder to purchase one additional
common share of Silver Grail at a price of $0.07 for a period of twelve (12) months after the closing
of the Offering, and thereafter at a price of $0.10 until twenty-four (24) months after the closing of
the Offering.

A finder’s fee, up to the maximum allowable under TSX Venture policy, may be payable in regard
to the Offering. Insiders of the Company may be taking part in the Offering. All securities issued
by the Offering will be subject to a hold period of four months plus one day. The Offering is subject
to regulatory approval.

Net Proceeds from the Offering will be used to fund exploration of the Company’s mineral
properties in the Stewart area of northwestern British Columbia, to retire liabilities and for general
corporate purposes.

About Silver Grail:

Silver Grail owns interests in twelve silver and gold properties located in the southern half of the
prolific “Golden Triangle” region of northwestern British Columbia. Most of the properties are
clustered around the Red Mountain gold property of IDM Mining which is set to go into production
possibly as early as 2016.

The Midas and the Konkin Silver properties adjoin south of the Del Norte property of Teuton
Resources where a long contact zone between sediments and volcanics hosts many different
mineralized occurrences. Willoughby Creek, a placer (alluvial gold-bearing) stream , flows through
the Midas property

The Fiji and Tonga are located to the north and west of the Homestake gold and silver property
which is presently being explored by Agnico Eagle under option from Homestake Resources and
upon which a NI 43-101 compliant indicated gold and silver resource has been calculated.

The Silver Crown 6 and Silver Crown properties are located north, east and west of the Red Cliff
property of Decade Resources.

The Clone property is located 12 miles southeast of Stewart at the head of the Sutton Glacier.
Apprroximately $5 million has been spent on the Clone exploring a set of sub-parallel gold-cobalt
shears, portions of which contain high-grade gold-bearing shoots.

The Gold Mountain and Ram properties adjoin to the south of the Red Mountain gold property
which also hosts a NI 43-101 compliant gold and silver resource.

The Qualified Person for the purposes of this news release is D. Cremonese, P.Eng., who, as
President of Silver Grail Resources Ltd. is not independent of the Company.


“Dino Cremonese, P.Eng.”

Silver Grail Resources Ltd.

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This news release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. Silver Grail Resources Ltd. does have an ongoing obligation to disclose material information, as it becomes available.

The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.