Arizona Gold & Silver Inc. (TSX-V: AZS) (OTCQB: AZASF) is pleased to announce a non-brokered private placement offering of up to 3,333,333 units at a price of CAD$0.30 per Unit for gross proceeds of up to CAD $1,000,000. Each Unit will consist of one common share and one common share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share of the Company at a price of CAD$0.40 for three years following the closing of the Private Placement.

The Company may pay finders’ fees to eligible finders for services in connection with the Private Placement in cash or warrants exercisable into shares.  The terms of the Finders Warrants will be the same terms as the Warrants pursuant to the Private Placement.

The Company plans to use the proceeds of the Private Placement for further exploration and drilling of the Philadelphia Property in Mohave County, Arizona, the advancement of other Company projects, as well as for general working capital purposes.

All securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws.

The closing of the Private Placement is subject to the receipt of all necessary regulatory approvals.

Please refer to our web site for all news and updated property information:

www.arizonagoldsilver.com

About Arizona Gold & Silver Inc.

Arizona Gold is a young exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The flagship asset is the Philadelphia gold-silver property where the Company is drilling off a significant epithermal gold-silver system.