Marifil Mines Ltd
TSX VENTURE : MFM

June 01, 2011 09:00 ET

Marifil Appoints New Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 1, 2011) - MARIFIL MINES LTD. (TSX VENTURE:MFM) ("Marifil" or "the Company") is pleased to announce the appointment of Mr. Matthew A. Fowler to the position of Chief Financial Officer ("CFO") of the Company, effective as of May 26, 2011. Mr. Fowler has been the Interim CFO of the Company since October 26, 2010.

Mr. Fowler has six years of investment, corporate finance and Securities and Exchange Commission accounting experience. He also serves as a Senior Consultant with Sharp Executive Associates, Inc., an international financial consultancy assisting private, USA, and Canadian listed public companies with accounting and regulatory compliance needs.

Mr. Fowler served as a partner, CFO and CCP at Strata Partners, LLC, a boutique investment bank based in Seattle, Washington where he was responsible for capital raising as well as all financial, operational and compliance requirements with the Financial Industry Regulatory Authority. Mr. Fowler received an AB degree in economics and a Certificate in Accounting from the University of Washington.

Mr. Fowler has been granted incentive stock options as part of his appointment as CFO of the Company. The Options are subject to the terms and conditions of the Company's Stock Option Plan.

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For further information regarding Marifil Mines Ltd., please refer to the Company's filings available on SEDAR (Http://www.sedar.com) or at Marifil's Website (Http://www.marifilmines.com).

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