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Message: Bruce Bragagnolo and Arturo Bonillas

Bruce Bragagnolo and Arturo Bonillas

posted on Mar 02, 2010 11:30AM

Anyone know what to think of Bruce Bragagnolo and Arturo Bonillas resigning as directors of Silvermex? I'm assuming it's just a time committment issue? (they have their hands full with Timmins Gold).

Silvermex has stellar management in place and are sitting on a resource that will rise substanially in value over the next few years... so I can't imagine why else they would leave.

Silvermex Appoints New Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA, Mar 01, 2010 (MARKETWIRE via COMTEX) -- SILVERMEX RESOURCES LTD. (the "Company") /quotes/comstock/11v!smr (CA:SMR 0.44, -0.01, -2.22%) is pleased to announce the appointment of Hallein Darby, CA as its Chief Financial Officer. Ms. Darby has been the Company's Senior VP Finance since November 2008 and has over 20 years of securities and accounting expertise.

Ms. Darby was a director of client services at Pacific Opportunity Capital Ltd., a team of financial and management advisors to emerging companies (primarily mining). Prior to that, Ms. Darby was a Senior Securities Analyst with the British Columbia Securities Commission from 1996 to 2006, where she was primarily responsible for the review of offering and continuous disclosure documents. She was previously employed by Deloitte in the Johannesburg, South Africa, and the Vancouver, B.C. offices, for periods between 1988 and 1996. The Company wishes to thank Eugene Hodgson for his services as Chief Financial Officer over the past year.

The Company also announces that Bruce Bragagnolo and Arturo Bonillas have resigned as directors of the Company effective immediately. The Company wishes to thank Mr. Bragagnolo and Mr. Bonillas for their extensive contributions to the Company since its inception. The board of directors now consists of Duane Nelson, Michael Callahan, Joseph Ovsenek, Kenneth McNaughton and Arthur Brown.

On Behalf of the Board of Directors of Silvermex Resources Ltd.

Duane Nelson, CEO & Director

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