On August 31, 2011 Commonwealth Silver and Gold Mining Inc. (“Commonwealth Silver”) completed a series of private placements for gross proceeds of $5,600,000. Commonwealth Silver is a private Canadian mineral exploration and development company focused on acquiring gold and silver properties in the historic Pearce mining district in Cochise County, Arizona and advancing them towards production. The Company comprises an experienced management group with a strong background in all aspects of acquisition, exploration, development and financing of precious metals mining projects.

Peterson Law acted for Commonwealth Silver with a team that included Dennis Peterson, Steven Agnew and David Gardos.