On September 13, 2011, David Bommarito resigned as a director of Silver Falcon Mining, Inc. (the "Registrant"). Mr. Bommarito resigned in order to devote more time to his family and his other business interests. Mr. Bommarito did not hold a position on any committee of directors. Mr. Bommarito did not resign because of any disagreement with the Registrant. Mr. Bommarito sent the Registrant an email announcing his resignation, but the email did not state the circumstances surrounding his resignation.

On September 23, 2011, D. Roger Scammell announced his resignation as President of the Registrant in order to devote more time to family matters. Mr. Scammell remains a director.

The Registrant held its Annual Meeting of Stockholders on September 23, 2011 (the "Annual Meeting"). At the Annual Meeting, our stockholders (i) elected the persons listed below to serve as directors for a term of one year expiring at the 2012 Annual Meeting of Stockholders and until their successors are duly elected and qualified; (ii) approved our 2010 Stock Option Plan; and (iii) ratified the appointment of W.T. Uniack & Co. CPA's P.C. to serve as our independent registered public accounting firm for 2011.

Set forth below are the preliminary voting results for these proposals:

Item 1:       The election of four directors for a one-year term expiring at the 2012
              Annual Meeting
                                     For               Withheld         Broker Non-Votes
Pierre Quilliam                     218,490,145         11,009,094            133,385,356
Allan Breitkreuz                    228,734,610            761,629            133,385,356
Denise Quilliam                     203,276,536         26,222,703            133,385,356
Christian Quilliam                  201,687,259         27,811,980            133,385,356
D. Roger Scammell                   229,162,910            336,329            133,385,356

Item 2: Approval of 2010 Stock Option Plan
For Against Abstain Broker Non-Votes 214,455,398 12,694,593 2,349,248 133,385,356

Item 3: The ratification of the appointment by the Company of W.T. Uniack & Co. CPA's
P.C. as the Company's independent registered public accounting firm for 2011 For Against Abstain 354,608,830 2,785,231 5,490,534

Voting was based upon 1 vote for each share of Class A Common Stock and 40 votes for each share of Class B Common Stock.