NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Orko Silver Corp. (TSX VENTURE:OK) announces that it has entered into an
agreement with a syndicate of underwriters co-led by GMP Securities L.P. and BMO
Capital Markets Inc., and including Haywood Securities Inc. and Macquarie
Capital Markets Canada Ltd. (collectively, the "Underwriters"), pursuant to
which the Underwriters have agreed to purchase, on an underwritten private
placement basis, 6,100,000 common shares of Orko (the "Shares") at a price of
$1.65 per Share (the "Issue Price") for aggregate gross proceeds of $10,065,000.


Orko has agreed to grant the Underwriters an option to sell up to an additional
1,220,000 Shares at the Issue Price for additional gross proceeds to Orko of up
to $2,013,000.


The net proceeds of the private placement will be used for the continuing
exploration program on Orko's Mexican mining properties and for general
corporate purposes including working capital.


The private placement is expected to close on or about or June 12, 2008.

All securities issued under the private placement are subject to a hold period
expiring four months and one day from the closing date. The private placement is
subject to the acceptance of the TSX Venture Exchange.


About Orko Silver Corp.

Orko Silver Corp. is a professional exploration company with an increasing
silver resource. Orko Silver's principal project, La Preciosa, located near the
city of Durango, Mexico, is an advanced silver and gold project. The Company is
currently drilling at La Preciosa using 4 rigs working 24 hours a day, 7 days a
week. The deposit remains open in all directions and to depth. Two additional
projects include the Santa Monica east of La Preciosa and the San Juan west of
La Preciosa. All are undergoing exploration.


ON BEHALF OF THE BOARD OF DIRECTORS

Minaz Devji, Executive Vice-President

This News Release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. Orko relies upon litigation protection for forward-looking
statements.
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