GFM Resources Limited
TSX VENTURE : GFM.H

GFM Resources Limited

March 04, 2011 09:30 ET

GFM Resources Limited: Mr. Roman Friedrich Resigns From Board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 4, 2011) - GFM Resources Limited (TSX VENTURE:GFM.H) ("GFM" or "the Company") wishes to announce that Mr. Roman Friedrich III has resigned from the Board of Directors to pursue other interests. Mr. Friedrich served on the Company's board since 2005 and as its President from 2006 to 2010.

"On behalf of the Board, I would like to thank Roman for his valuable contributions during his collaboration with our Company, and want to wish him best in his new endeavours," said Mr. Erik Jurgensen, president and chairman of the Company.

About GFM

GFM Resources Limited is a Canadian public company engaged in the business of mineral exploration in Mexico; its shares are listed on the NEX Board of the TSX Venture Exchange under the symbol GFM.H. The Company's majority shareholder is Compañía Minera Autlán S.A.B. de C.V., a company listed on the Mexico City stock exchange and active in manganese and ferroalloy operations in Mexico, in turn controlled by Grupo Ferrominero, S.A. de C.V., a private Mexican holding company that also controls other companies in domains such as electronics and investment banking. For more information please visit www.gfm-resources.com.

Neither the 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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