NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES


Orko Silver Corp (the "Company") (TSX VENTURE:OK) is pleased to announce that it
has entered into an agreement with GMP Securities L.P. as lead agent and a
syndicate including Byron Securities Limited (collectively, the "Agents"), which
have agreed to act as agents for and on behalf of the Company, on a "best
efforts" agency basis, without underwriter liability, in connection with a
proposed private placement of common shares (the "Common Shares") of the Company
for aggregate gross proceeds of up to approximately $7,000,000. The definitive
price per Common Share (the "Issue Price") will be decided based on negotiations
between GMP and the Company and shall be determined in the context of the
market. The Agents will also have the option, exercisable in whole or in part on
the Closing Date to sell additional Common Shares at the Issue Price for
additional gross proceeds of up to approximately $1,000,000.


The Company plans to use the net proceeds from the offering for general
corporate purposes. 


The offering is scheduled to close on or about September 21, 2010 and is subject
to certain conditions including, but not limited to, the receipt of all
necessary approvals including the approval of the TSX Venture Exchange and the
securities regulatory authorities.


This press release is not an offer or a solicitation of an offer of securities
for sale in the United States. The Common Shares have not been and will not be
registered under the U.S. Securities Act of 1933, as amended, and may not be
offered or sold in the United States absent registration or an applicable
exemption from registration.


FORWARD-LOOKING INFORMATION

Certain of the statements made and information contained herein, including the
use of proceeds, is "forward-looking information" within the meaning of
applicable Canadian securities legislation or "forward-looking statements"
within the meaning the Securities Exchange Act of 1934 of the United States.
Generally, these forward-looking statements or information can be identified by
the use of forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking statements are subject to a variety of risks and uncertainties
which could cause actual events or results to differ from those reflected in the
forward-looking statements, including, without limitation, risks and
uncertainties relating to foreign currency fluctuations; risks inherent in
mining including environmental hazards, industrial accidents, unusual or
unexpected geological formations, ground control problems and flooding; risks
associated with the estimation of mineral resources and reserves and the
geology, grade and continuity of mineral deposits; the possibility that future
exploration, the potential for unexpected costs and expenses, commodity price
fluctuations; uncertain political and economic environments; changes in laws or
policies, foreign taxation, delays or the inability to obtain necessary
governmental permits; and other risks and uncertainties, including those
described under risk factors in the Company's management discussion and
analysis. Should one or more of these risks and uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary
materially from those described in forward-looking statements. The
forward-looking information contained herein is presently for the purpose of
assisting investors in understanding the Company's plans and objectives and may
not be appropriate for other purposes. Accordingly, readers are advised not to
place undue reliance on forward-looking statements.


Orko Silver Corp.

Gary Cope, President

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