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New CTO issues 07/09/12.

THE SECURITIES ACT ) Order No. 6559

)

Section 147.1(1) ) July 9, 2012

SILVERADO GOLD MINES LTD

WHEREAS:

(A) Silverado Gold Mines Ltd (the "Issuer") is a reporting issuer under The Securities

Act (Manitoba) (the "Act").

(B) The Issuer has not filed with The Manitoba Securities Commission (the

"Commission") Annual Financial Statements and Annual MD&A for the Year ended

November 30, 2011 as required under National Instrument 51-102 Continuous Disclosure

Obligations.

I HEREBY ORDER

under section 147.1(1) of the Act that trading in the securities of the

Issuer cease until:

1. The Issuer becomes current in its filings with the Commission under National

Instrument 51-102 Continuous Disclosure Obligations and pays all outstanding filing fees,

if any, to the Commission, and

2. The Director makes an order under the Act revoking this order.

.

R.B. Bouchard

.

DIRECTOR

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