U.S. Silver & Gold announces results of shareholder meeting

TORONTO, May 28, 2013 /CNW/ - U.S. Silver & Gold Inc. (TSX: USA, OTCQX:  USGIF) ("U.S. Silver & Gold" or the "Company") is pleased to announce that all of the nominees listed in its management information circular dated April 30, 2013 (the "Circular") were elected as directors of the Company at its annual and special meeting of shareholders held on May 27, 2013 (the "Meeting").

Nominee Shares Voted For Shares Withheld
Hugh Agro 18,418,467 (97.77%) 420,876 (2.23%)
Darren Blasutti 18,397,614 (97.66%) 441,729 (2.34%)
Alex Davidson 14,363,019 (76.24%) 4,476,324 (23.76%)
Louis Dionne 18,396,115 (97.65%) 443,228 (2.35%)
Alan Edwards 18,413,631 (97.74%) 425,712 (2.26%)
Gordon Pridham 14,302,404 (75.92%) 4,536,939 (24.08%)
Thomas Ryley 18,491,454 (98.15%) 347,889 (1.85%)
Lorie Waisberg 14,388,565 (76.38%) 4,450,778 (23.62%)

The biographies of directors and further details about the Company's corporate governance practices are available at www.us-silver.com.

The Company's Shareholder Rights Plan was also approved with 92.93% of votes cast in support.  For a description of the resolutions approved at the Meeting please refer to the Company's "Report on Voting Results" filed on SEDAR at www.sedar.com.

About U.S. Silver & Gold Inc.

U.S. Silver & Gold Inc. is a newly formed silver and gold mining company focused on growth from its existing asset base and the execution of targeted accretive acquisitions.  It owns and operates the Galena Mine Complex in the heart of the Silver Valley/Coeur d'Alene Mining District, Shoshone County, Idaho.  It produces high-grade silver and is the second most prolific silver mine in U.S. history, delivering over 200 million ounces to date.  The Caladay Zone is being evaluated for bulk mining development.  U.S. Silver & Gold Inc. also owns the Drumlummon Mine Complex in Lewis and Clark County, Montana.

SOURCE: U.S. Silver & Gold Inc.

For further information:

Darren Blasutti 
President and CEO 
416-848-9503 
www.us-silver.com

Nichole Richard
Investor Relations
416-848-9503

Profil de l'entreprise

U.S. Silver & Gold Inc.

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