In the same category

Genco Resources Ltd.

Published : June 25th, 2010

Appoints Anderson Acting CEO

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   G Mexico | Mexico | Silver |
=======================================================================
Re:   News Release - Friday, June 25, 2010
      Genco Appoints Anderson Acting CEO
=======================================================================

June 25, 2010 - Vancouver, BC - Genco Resources Ltd. (TSX: GGC) reports
Mr. Leslie Goodman, has with Board approval, handed over the role of
acting Chief Executive Officer to Mr. James R. Anderson effective
immediately. Mr Anderson is a Director and the largest single
shareholder of Genco. Mr Goodman will continue alongside Mr Anderson as
a member of the Company's Executive Committee.

Mr. Goodman took on the role of acting Chief Executive Officer at a
difficult time and under his leadership the Company has made
considerable progress. In particular La Guitarra mine is fully
permitted and back in production and a number of significant legacy
issues have been resolved. The Company is well on the way to fully
restoring its stature and realising its substantial potential.
Mr. Anderson commented: "It was always understood Leslie, who resides
in the UK, would serve on a short term basis and he has committed more
time than anticipated. He has very successfully completed his task of
bringing La Guitarra back into production and I will now concentrate on
the remaining task of completing the strategic review we began several
months ago. The Board is very grateful to Leslie for all he has done
for the Company and I am pleased that we will be continuing to work
together."

Mr. Goodman stated: "I would like to pay tribute to our staff, and
especially to my colleagues at La Guitarra who could not have been more
effective and supportive. I am looking forward to my continuing
involvement and to Genco going from strength to strength."

About Genco Resources Ltd.

Genco Resources Ltd. is a publicly traded mining company focused on
developing its core asset, the producing La Guitarra silver-gold
property located in the Temascaltepec Mining District of Mexico. La
Guitarra Mine presently consists of two underground operation centres
and a flotation mill with a proven capacity of 320 tonnes per day.
Genco is evaluating options for the expansion of existing mining
operations at La Guitarra Mine.

For further information, please contact:

Wayne Moorhouse
Chief Financial Officer
Telephone: (604) 682-2205
info@gencoresources.com

This news release may contain certain forward-looking statements that
involve risks and uncertainties such as statements of the Company's
plans, objectives, strategies, expectations, and intentions. The words
"may", "would", "could", "will", "intend",  "plan", "believe",
"estimate", "expect" and similar expressions, as they relate to the
Company, or its management, are intended to identify such
forward-looking statements. Many factors could cause the Company's
actual results, performance or achievements to be materially different
from any future results, performance or achievements that may be
expressed or implied by such forward-looking statements, including
those factors discussed below and in filings made with the Canadian
securities regulatory authorities. Should one or more of these risk
factors or uncertainties materialize, or should assumptions underlying
the forward-looking statements prove incorrect, actual results may vary
materially from those described herein as intended, planned,
anticipated, believed, estimated or expected. The Company does not
intend, and does not assume any obligation to update these
forward-looking statements.

The Toronto Stock Exchange has not reviewed the contents of this
release and does not accept responsibility for the accuracy of the
contents of this release.

=======================================================================
Copyright (c) 2010 GENCO RESOURCES LTD. (GGC)  All rights reserved.
For more information visit our website at
http://www.gencoresources.com/ or send mailto:info@gencoresources.com
=======================================================================
.
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Genco Resources Ltd.

CODE : GGC.TO
ISIN : CA3689111035
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Genco Res. is a producing company based in Canada.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Genco Resources Ltd.
5/20/2008Follow up N° 5
Annual reports of Genco Resources Ltd.
2007 Annual Report
Financings of Genco Resources Ltd.
7/17/2007Completes C$25 Million Private Placement
6/26/2007's Private Placement Commitments Total CDN $25,001,250
6/13/2007Announces Private Placement for up to CDN $25,000,000.pdf
2/23/2005Private placement
Nominations of Genco Resources Ltd.
6/25/2010Appoints Anderson Acting CEO
6/5/2006appoints Greg Liller president
Financials of Genco Resources Ltd.
8/17/2010Reports Financial Results for Second Quarter
5/20/2008Reports Results for First Quarter Ended March 31, 2008
Project news of Genco Resources Ltd.
7/28/2010(La Guitarra & San Rafael)Provides Further Positive Developments in Production
2/1/2010(La Guitarra & San Rafael)Increases Mining Reserves 415% To 47 Million Silver Equivale...
12/17/2009Announces Completion Of Feasibility Study
7/7/2008(La Guitarra & San Rafael)La Guitarra Feasibility Study on Schedule
3/12/2008(La Guitarra & San Rafael) Creston Drill Results
2/4/2008(La Guitarra & San Rafael)Purchases Mexican Mining Concessions and Royalty at La Guita...
6/13/2007(La Guitarra & San Rafael)La Guitarra - Drills 3.3 Meters Grading 1,478 g/t Silver and...
Corporate news of Genco Resources Ltd.
7/21/2010Receives $1.3 Million Payment towards Sale of Chief
4/28/2010Recommences Operations at La Guitarra
3/8/2010Third Tranche Of $4.5 Million Placement Oversubscribed
2/11/2010Announces Management Changes
12/1/2009Reports Removal Of Roadblock
10/5/2009Completes $2.5 Million Placement
9/30/2009Plans $2.5 Million Placement
9/24/2008GRANTS PAYMENT EXTENSION TO ANDOVER
6/18/2008GGC NR 6-18-08
6/18/20086-17-08 GGC NR- Reserves Update
6/17/2008INCUMBENT GENCO BOARD RECEIVES INSTITUTIONAL SUPPORT
6/17/2008GGC News Release- GENCO RESPONDS TO DISSIDENT CIRCULAR
6/16/2008Management Responds to Dissident Proxy Circular
4/9/2008Reports Results for 2007
3/26/2008Discovers Significant Mineralization through Reconnaissance ...
3/25/2008Announces Drill Results from the San Rafael Underground Mine
3/14/2008MAKES STRATEGIC INVESTMENT IN TWO SILVER-GOLD MINES
2/12/2008Purchases 3,000 Tonne Per Day Ball Mill
2/7/2008Purchases Surface Rights in the Temascaltepec Mining Distric...
1/21/2008to Commence Trading on Toronto Stock Exchang
9/6/2007Four Additional Mining Concessions
8/20/2007Announces Santa Ana Drill Results
7/18/2007Announces Results of Continued Drilling on the Creston Targe...
6/7/2006contracts Watts, Griffis and McQuat for Mineral Reserve and ...
5/31/2006continues to profit from silver
5/2/2006profits and production reach new highs
3/30/2006(Transvaal Property)Phase 1 drill program commences
3/15/2006(Transvaal Property)will restate certain financial statements
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (GGC.TO)FRANKFURT (GSB.F)
0.690-1.43%0.500-2.91%
Last quotes and information before delisting
Prev close Open
0.700 0.700
Low High
0.670 0.710
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.690 -%
Volume 1 month var.
1,040,368 -%
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 12/27/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.55-1.69%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.33+6.89%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.72+0.84%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+10.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.59+1.17%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 17.50+4.48%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+2.08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20-2.38%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.53+13.45%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 49.62+0.78%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :