Vancouver, BC – December 2, 2014 - Agave Silver Corp. (TSX-V: AGV)(“Agave” or the “Company”) is pleased to announce that further to the Company’s press release dated November 10, 2014 with respect to the proposed non-brokered private placement (the “Private Placement”), the Company has increased the offering size by adding flow-through common shares (each, a “Flow-Through Common Share”) to the offering under the Private Placement (the “Offering”). Under the Offering, the Company intends to offer up to 11,000,000 Flow-Through Common Shares at a price of $0.06 per Flow-Through Common Share, and 9,000,000 non-flow-through units (each, a “Non-Flow-Through Unit”) at a price of $0.05 per Non-Flow-Through Unit. Each Non-Flow-Through Unit will be comprised of one common share and one common share purchase warrant. Each whole non-flow-through warrant (each, a “Warrant”) will entitle the holder to purchase one non-flow-through common share at any time for a period of 24 months from the date the Warrant is issued, at a price of $0.10. With the addition of the Flow-Through Common Shares, the Company intends to raise up to CDN$1,110,000 through the Private Placement.

Agave is a Canadian mineral exploration company. To learn more about Agave Silver please click here http://www.agavesilver.com

On behalf of the board of Agave Silver Corp.

Ronald M. Lang
President & CEO

For Investor Relations please call: Rob Paul at 604-817-6010 or Ron Lang at 604-558-3908.

Tel: (604) 687-4622 Fax: (604) 687-4212 Toll Free: 1-888-267-1400
Email: info@agavesilver.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information in this news release include statements about the intention to complete the Private Placement. In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, regarding, among other things, the assumption that the Company will complete the Private Placement and regulatory approvals. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. In addition, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: the Private Placement may not receive the required regulatory approvals and the possibility that the Private Placement will not be completed on the terms contemplated, or at all.

A more complete discussion of the risks and uncertainties facing the Company is disclosed in the Company’s continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forwardlooking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking.