Silver Falcon Mining, Inc. (OTCBB:SFMI) announced a private placement for gross proceeds of $5,500,000 on February 7, 2013. The company will issue bridge convertible debt for gross proceeds of $500,000 and class A common stock for gross proceeds of $5,000,000. The company intends to raise at least $100,000 in convertible debt by March 1, 2013.

The company intends to receive the funding over a one year period starting the date of the announcement. A.J. Discala of Omni View Capital LLC will act as the placement agent of the company and will receive 2.45% of the outstanding shares of the company's common stock on a fully diluted basis upon completion of the transaction.