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Silvermex Resources Ltd.

Published : May 18th, 2011

Appoints New CFO

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Silvermex Resources Appoints New CFO

Silvermex Resources Inc. ("Silvermex") (TSX: SLX) is pleased to announce the appointment of Lisa Dea, CA as its Vice President, Finance and Chief Financial Officer.

Ms. Dea comes to the Company with over 16 years of experience in the finance, securities and accounting fields. Prior to joining the Company, Ms. Dea was the Vice President, Finance and Chief Financial Officer of Polaris Minerals Corporation ("Polaris"), a TSX listed Company, from 2006 and was responsible for the overall financial management of the company, including overseeing Polaris' debt and capital market activities, managing banking relationships with US, Canadian and International banks and internal and external public reporting. During her career at Polaris, she completed numerous debt and equity financings, and oversaw the implementation of the financial controls, processes and corporate financing strategies required to bring Polaris from development stage to large-scale commercial production.

Before joining Polaris, Ms. Dea spent eleven years at Deloitte & Touche LLP, achieving the position of Senior Manager, where she focused on mining and junior resource mining companies. Lisa obtained her Chartered Accountants designation in 1997 and holds a BComm from the University of British Columbia.

Hallein Darby has stepped down as CFO to pursue other ventures. Ms. Darby joined the Company in November 2008, as Senior VP Finance and was appointed CFO in March 2010. Silvermex would like to thank Ms. Darby for her extensive services and commitment to the company.


Company Profile

Silvermex Resources Inc. is a publicly traded mining company focused in Mexico and led by a highly qualified team of professionals from some of the most notable companies in the silver mining sector. The Company's portfolio of projects ranges from advanced stage exploration to production. Its core asset is the producing La Guitarra silver-gold mine located in the Temascaltepec Mining District of Mexico. Silvermex is currently working to increase production at the mine to full capacity and is conducting extensive exploration to further develop the district. Silvermex is well financed to further develop resources organically from its multiple projects as well as from the acquisition of additional assets that will drive production growth.

ON BEHALF OF THE BOARD

"Duane Nelson"

Duane Nelson
CEO & Director


 


 

Silvermex Resources Ltd.

PRODUCER
CODE : SLX.TO
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Silvermex Res. is a silver producing company based in Canada.

Silvermex Res. produces silver, gold in Mexico, and holds various exploration projects in Mexico.

Its main asset in production is LA GUITARRA & SAN RAFAEL in Mexico and its main exploration properties are TRANSVAAL PROPERTY and OEST PROPERTY in Canada and MINA DE AGUA / SANTA ANA PROJECT, LETY, LOBOS, CERRO DE PLATA, EL RAYO, PENASCO QUEMADO, SAN MARCIAL, LA FRAZADA, ROSARIO and LETY in Mexico.

Silvermex Res. is listed in Canada. Its market capitalisation is CA$ 21.7 millions as of today (US$ 21.3 millions, € 17.3 millions).

Its stock quote reached its highest recent level on February 25, 2011 at CA$ 1.03, and its lowest recent point on December 30, 2011 at CA$ 0.35.

Silvermex Res. has 44 207 000 shares outstanding.

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Financings of Silvermex Resources Ltd.
2/8/2010Fully Subscribed Private Placement
Nominations of Silvermex Resources Ltd.
5/18/2011Appoints New CFO
3/2/2011Appoints New Investor Relations Manager
3/2/2010Appoints New Chief Financial Officer
Financials of Silvermex Resources Ltd.
5/16/2012Announces Q1 2012 Financial Results
3/27/2012Reports Positive Financial Performance for the Year 2011
8/16/2011(La Guitarra & San Rafael)Achieves Positive Cash Flow and Low Cost Production at its L...
4/5/2011Reports Financial Results for 2010
Project news of Silvermex Resources Ltd.
3/27/2012(La Guitarra & San Rafael)Intersects High Grade Gold at La Guitarra - 306.99 g/t Au an...
3/26/2012(La Guitarra & San Rafael)Surface Drilling Continues to Intersect High-Grade Mineraliz...
3/14/2012(La Guitarra & San Rafael)Underground Drilling Continues To Extend Mineralization At S...
3/1/2012(Penasco Quemado)Initiates Metallurgical Testing of Penasco Quemado Project
9/26/2011(La Guitarra & San Rafael)Begins Surface Drill Program at La Guitarra
4/25/2011(La Guitarra & San Rafael)First Quarter of Production at La Guitarra Ahead of Budget
4/19/2011(La Guitarra & San Rafael)Starts Drilling at La Guitarra
3/31/2011(La Guitarra & San Rafael)Reports on La Guitarra Mine Production
6/21/2010(Rosario)Provides Update on Exploration and Project Developments
5/14/2010(San Marcial)3000 Meter Core Drilling Program to Commence on the San Marc...
5/11/2010(San Marcial)High-grade trench sampling assays. Highlights include: 9.70 ...
11/5/2008(San Marcial)Resource Summary And Corporate Update
5/29/2008(San Marcial)3,700 Meter Core Drilling Program Commences on the San Marci...
4/17/2008(San Marcial)Extends Strike Length at San Marcial to 3,500 Meters
3/18/2008(Penasco Quemado)Drills 52.5 Meters With 122 G/T Ag And 0.14% Cu On Its Peñas...
2/22/2008(Lety)Grades of 137.8 g/t silver and 17.85% zinc over 1.55 meters ...
2/11/2008(Penasco Quemado)Drill Program Completed At Peñasco Quemado Property
2/11/2008(Penasco Quemado)DRILL PROGRAM COMPLETED AT PEÑASCO QUEMADO PROPERTY
1/23/2008(Penasco Quemado)Drilling Commences at Penasco Quemado Property
11/28/2007(El Rayo)Acquires El Rayo Claims In Mexico Underground Channel Sampli...
11/23/2007(San Marcial)San Marcial Technical Report
Corporate news of Silvermex Resources Ltd.
6/29/2012Receives Final Court Order Approving Plan of Arrangement
6/26/2012Securityholders Approve Plan of Arrangement with First Majes...
6/6/2012to Resume Trading on OTC Link
5/30/2012Obtains Interim Order For Plan Of Arrangement
4/3/2012First Majestic Announces Friendly Acquisition Of Silvermex R...
4/2/2012Files Form 40-F Registration Statement With the SEC
3/13/2012Reports on OTC Link Trading Status
3/1/2012Aims To Deliver Resource And Production Growth In 2012
2/15/2012Delivers Production Growth in Fourth Quarter 2011
7/29/2010Bloomberg Reports on Silver Market
3/28/2010Emerging Silver Producer - A Silvermex Update...53
12/18/2009Reports Underground Sampling Assays. Highlights Include: 2m ...
12/15/2009Michael Callahan, Prior Hecla Executive, Appointed as New Pr...
12/4/2009Completes acquisition of Rosario Project
11/6/2009Elects New Directors
9/29/2009Contact Change Alert
9/22/2009to Attend the Silver Summit
2/2/2009Closes Brokered Financing Of $1,500,000
12/26/2008announces preliminary assessment and financing
9/3/2008Corporate Update
7/16/2008Commences Drill Program At El Rayo Project, Sonora, Mexico
4/24/2008Company Update
4/10/2008Closes Financing Of $2,906,000
3/25/2008Acquires the La Frazada Mine, Nayarit, Mexico
11/19/2007Short Form Offering Completed
10/9/2007 Options San Marcial Property from Silver Standard
9/21/2007To participate at the Silver Summit, Idaho and related Silve...
7/9/2007Acquires Lety Property In Durango
4/5/2007Closes Financing
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