James R. Anderson

November 28, 2008 20:14 ET

Acquisition of Shares of Genco Resources Ltd.

SIOUX FALLS, SOUTH DAKOTA--(Marketwire - Nov. 28, 2008) - Subsequent to a news release and Early Warning Report dated October 28, 2008, I have acquired ownership of, and control and direction over, a further 847,852 common shares (representing 2% of the outstanding shares) of Genco Resources Ltd. of Vancouver, BC by purchases made through the Toronto Stock Exchange.

I now have ownership of, and control and direction over, a total of 8,157,040 common shares (representing 19.2% of Genco's outstanding common shares) and an option to purchase an additional 200,000 common shares. If the option was exercised, I would have ownership of, and control and direction over, 19.6% of the outstanding shares of Genco.

I acquired the shares for investment purposes and have filed an Early Warning Report with the British Columbia, Alberta and Ontario Securities Commissions in respect of the acquisition. Copies of the report may be obtained from SEDAR (www.sedar.com) or without charge from Genco.

Contact Information

  • James R. Anderson
    (605) 338-0483 (Phone & Fax)