Oremex Silver Inc. Announces Resignation
Oremex Silver Inc. (TSXV: OAG)
(OTCQX: ORAGF) (FRANKFURT: OSI) (the "Company" or "Oremex")
announces that Mr. David Prins has
resigned from his position as a director of the Company to focus on other
recent commitments. "I want to thank David for his contributions to the
Company and wish him well in his future endeavors" said Mr. John Carlesso, Executive Chairman of Oremex.
About Oremex Silver
Oremex Silver Inc. is a Canadian
company focusing on the exploration and development of silver projects along
the highly productive mineralized belt in Mexico.
The Company has a portfolio of silver projects including a mineral resource of
50.8 million ounces of silver at its Tejamen
deposit. The Company's projects are located in mining-friendly jurisdictions
and the management team has successful track record of mine-building in Mexico.
Regarding Forward-Looking Statements
Certain statements contained in this news release may
constitute forward-looking information, (collectively "forward-looking
information") within the meaning of Canadian securities laws.
Forward-looking information may relate to this news release and other matters
identified in Oremex Silvers' public filings,
anticipated events or results and can be identified by terminology such as
"may", "will", "could", "should",
"expect", "plan", "anticipate",
"believe", "intend", "estimate",
"projects", "predict", "potential",
"continue" or other similar expressions concerning matters that are
not historical facts and include, but are not limited in any manner to, those
with respect to capital and operating expenditures, economic conditions,
availability of sufficient financing, receipt of approvals, satisfaction of
closing conditions and any and all other timing, development, operational,
financial, economic, legal, regulatory and/or political factors that may
influence future events or conditions. Such forward-looking statements are
based on a number of material factors and assumptions, including, but not
limited in any manner, those disclosed in any other public filings of Oremex Silver,
and include the ultimate availability and final receipt of required approvals,
sufficient working capital for development and operations, access to adequate
services and supplies, availability of markets for products, commodity prices,
foreign currency exchange rates, interest rates, access to capital markets and
other sources of financing and associated cost of funds, availability of a
qualified work force, availability of manufacturing equipment, no material
changes to the tax and regulatory regime and the ultimate ability to execute
its business plan on economically favourable terms.
While we consider these assumptions to be reasonable based on information
currently available to us, they may prove to be incorrect. Actual results may
vary from such forward-looking information for a variety of reasons, including
but not limited to risks and uncertainties disclosed in other Oremex Silver
filings at www.sedar.com and other unforeseen events or circumstances.
Other than as required by law, Oremex
Silver does not intend, and undertakes no obligation, to update any
forward looking information to reflect, among other things, new information or
Oremex Resources Inc
CODE : ORM.V
Projects & res.Press
Asset profileContact Cpy
Oremex. is a developping silver company based in Canada.
Oremex. develops silver and gold in Mexico, and holds various exploration projects in Mexico.
Its main asset in development is TEJAMEN in Mexico and its main exploration properties are SAN LUCAS - DURANGO, CHALCHIHUITES, MACO, NAVIDAD
NAVIDAD - SONORA, CUYOACO, EL SOL and SANTA CATARINA in Mexico.
Oremex. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 4.4 millions as of today (US$ 4.3 millions, € 3.3 millions).
Its stock quote reached its highest recent level on December 31, 2004 at CA$ 1.35, and its lowest recent point on October 24, 2008 at CA$ 0.02.
Oremex. has 146 476 000 shares outstanding.