Silvermex to Resume Trading on the OTC Link
Published : June 05, 2012
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 5, 2012) - Silvermex Resources Inc. ("Silvermex") (News - Market indicators) announces that its registration statement on Form 40-F, filed pursuant to section 12(g) under the Securities Exchange Act of 1934, as amended, is now effective. As a result, broker-dealers in the United States are again able to effect transactions in its common shares. Accordingly, Silvermex expects that its common shares will resume trading on OTC Link - previously the "Pink Sheets" - under the symbol "GGCRF" on June 6, 2012. Silvermex's common shares are also traded publicly on the TSX under the symbol "SLX".

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 early 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 identify future production centers through extensive exploration programs 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, CEO & Director

This News Release contains forward-looking statements. Forward looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", believes", "estimates", "predicts", "potential", or "continue" or the negative of these terms or other comparable terminology. Forward looking statements contained in this news release include those relating to Silvermex's expectation that broker-dealers will commence quotation of its common shares on OTC Link on June 6, 2012, and statements relating to its plans to develop or acquire resources with the view to driving production growth. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking-statements. Management has assumed that the projects identified under the heading "Company Profile" will be our major projects going forward. Factors that could cause actual results to differ materially from those in forward-looking statements include financial market conditions, metals prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, geopolitical uncertainty, changes in government policies regarding mining and natural resource exploration and exploitation, continued availability of capital and financing, and general economic, market or business conditions. In addition, resumption of quotation of our common shares on the OTC Link may be affected by market conditions beyond our control. For more information on Silvermex, investors should review registration statement on Form 40-F, as filed with the United States Securities and Exchange Commission, and its home jurisdiction filings that are available at www.sedar.com.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggests herein. Except as required by applicable law the Company does not intend to update any forward-looking statements to conform these statements to actual results.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Exchange) accepts responsibility for the adequacy or accuracy of this release.

Silvermex Resources Inc.
Fiona Grant
Manager, Investor Relations
604-682-4004
www.silvermexresources.com
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

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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