Silvermet Inc.
TSX VENTURE : SYI

Silvermet Inc.

September 21, 2009 16:36 ET

Silvermet Inc. Announces New Chief Financial Officer

TORONTO, ONTARIO--(Marketwire - Sept. 21, 2009) -

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Silvermet Inc. ("Silvermet" or the "Company") (TSX VENTURE:SYI) is pleased to announce that Mr. Jeff Dawley, CA, CPA (Illinois), has accepted the role of Chief Financial Officer for the Company. Mr. Dawley is a Chartered Accountant with over 16 years experience in corporate financial management, governance and reporting in Canada. Mr. Dawley has most recently served as the Chief Financial Officer, Vice President of Finance and Technology, and Corporate Secretary of NexgenRx Inc., a TSX Venture Exchange listed company that provides health and dental claim adjudication services. He has also held finance roles with the ACNielsen Company of Canada, The Canada Life Assurance Company, Bank of Montreal and Abitibi-Consolidated. Mr. Dawley is a chartered accountant, certified public accountant, and holds a Bachelor of Business Administration degree from Wilfrid Laurier University.

About Silvermet

Silvermet operates a Waelz kiln in Turkey, where it processes electric arc furnace dust received from steel mills to produce zinc, lead, and other by-products. Silvermet is modernizing the Waelz kiln, which was acquired earlier this year, to increase throughput and efficiency.

Caution concerning forward-looking statements: The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, political instability, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raised additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events except as may be required under applicable securities laws. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

"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."

Contact Information

  • Silvermet Inc.
    Stephen G. Roman
    Chairman & CEO
    (416) 203-8336
    (416) 368-5146 (FAX)
    or
    Silvermet Inc.
    Rein A. Lehari
    President & COO
    (416) 203-8336
    (416) 368-5146 (FAX)
    www.silvermet.ca