VANCOUVER, BRITISH COLUMBIA, Nov 06 (MARKET WIRE) --
Silvermex Resources Ltd. (the "Company") (TSX VENTURE: SMR) announces
that on November 4, 2009 it held its Annual and Special Meeting wherein
the following directors were elected to the board: Arturo Bonillas, Bruce
Bragagnolo, Duane Nelson, Joseph J. Ovsenek, Kenneth C. McNaughton and
Michael H. Callahan.
The following is a background summary for the board of directors:
Bruce Bragagnolo, LLB. Mr. Bragagnolo is the Chief Executive Officer and
a Director of the Company. He has been employed by the Company since
2005. He is also one of the founders and the Chief Executive Officer of
Timmins Gold Corp., a near-term gold producer in Sonora, Mexico. He has
been the principal of Bruce Bragagnolo Law Corporation since 1988. Mr.
Bragagnolo has extensive experience with securities and regulatory
matters.
Arturo Bonillas, B. Sc., (Eng). Arturo Bonillas is the President and a
Director of the Company and has been employed by the Company since April,
2005. He is also one of the founders and the President of Timmins Gold
Corp. He has more than 23 years of experience in the mining and
exploration industry in Mexico. He served as General Manager of Latin
America for Continuum Resources Ltd. from November of 2003 to January
2006. He served as Mine Planning Engineer, Operations Research Engineer,
Chief of Financial Planning and Vice President of Purchasing of Compania
Minera de Cananea and also for its subsidiary of Placer Dome in Mexico.
He directed full bankable feasibility studies for the Mulatos gold
project in Sonora, and the San Felipe gold project in Baja California Mr.
Bonillas received a B.Sc. degree in Industrial Engineering from the
University of Arizona in 1980.
Duane A. Nelson, Director. Mr. Nelson is the Vice President and Director
of the Company. He has been employed by the Company since 2006. He has
over 25 years of private and public sector experience with a focus on
early-stage projects. Before joining the Company, he was involved in the
development, structure, operations and financings of a number of
resource-oriented companies. He is the founder of Quotemedia Inc., a
successful financial market data company established in 1998. He was also
the founder and CEO of Stock Deck Communications.
Joe Ovsenek, P.Eng., LLB. Mr. Ovsenek is the Senior Vice President,
Corporate Development of Silver Standard Resources Inc. He originally
joined Silver Standard as legal counsel in 1996. Mr. Ovsenek holds a
Bachelor of Law degree from the University of Toronto. He is a registered
professional engineer, and holds a Bachelor of Applied Science degree
from the University of British Columbia.
Kenneth C. McNaughton, M.A.Sc., P.Eng. Mr. McNaughton is the Vice
President, Exploration for Silver Standard Resources Inc since 1991.
Before joining Silver Standard, he worked as contract engineer for
Oretech Engineering and worked on exploration programs for three bulk
mineable gold or copper/gold deposits in Arizona and British Columbia.
From 1984 to 1989, he was employed by Corona Corporation and its
affiliate Mascot Gold Mines Ltd. as a project geologist and engineer for
projects in British Columbia. Mr. McNaughton holds a Bachelor of Applied
Science degree and a Master of Applied Science degree in geological
engineering from the University of Windsor.
Michael H. Callahan. Mr. Callahan served as Vice President, Corporate
Development of Hecla Mining Co., from 2002 to 2006. He served as
President of Minera Hecla Venezolana, a subsidiary of Hecla Mining Co and
also as Vice President of Hecla Mining Co. from 2006 to January 2009.
Previously, he served as President of Minera Hecla Venezolana from 2000
to 2003. He joined Hecla Mining Co., in 1989. He served as Director,
Accounting & Information Services of Hecla Mining Company from 1999 to
2000. From 1997 to 1999, he served as Financial Manager of Silver Valley
Resources. Mr. Callahan served as Senior Financial Analyst of Hecla
Mining Company from 1994 to 1996.
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. These statements are only predictions and involve
known and unknown risks, uncertainties and other factors that may cause
our or our industry's 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.
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 TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Contacts:
Silvermex Resources Ltd.
Bruce Bragagnolo
CEO & Director
604-638-8980
bruce@silvermexresources.com
Silvermex Resources Ltd.
Duane Nelson
Vice President
604-638-8978
duane@silvermexresources.com
www.silvermexresources.com
Copyright 2009, Market Wire, All rights reserved.
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