Silvermex Resources Ltd.

Silvermex Resources Ltd.

March 01, 2010 19:37 ET

Silvermex Appoints New Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 1, 2010) - SILVERMEX RESOURCES LTD. (the "Company") (TSX VENTURE:SMR) 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

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.

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