Silver Mountain Mines Inc.
TSX VENTURE : SMM

Silver Mountain Mines Inc.

June 13, 2012 09:01 ET

Silver Mountain Appoints Advisors to the Board of Directors

CALGARY, ALBERTA--(Marketwire - June 13, 2012) - Silver Mountain Mines Inc. (TSX VENTURE:SMM) ("Silver Mountain" or the "Company") is pleased to announce the appointment of Mr. Michael Petrina, P.ENG. and Mr. Douglas Pocock, CFA as advisors to the Board of Directors.

Michael Petrina, P.ENG., is currently Vice President, Operations at MAG Silver and has over 25 years of extensive experience in operations, engineering, mine development, financial modeling and acquisition analysis, and is a past technical advisor and engineering consultant for numerous mining companies. He is a graduate mining engineer from Queen's University, a Professional Engineer (P.ENG. Mining) registered in British Columbia and holds an MBA from the University of Athabasca. Mr. Petrina recently held the position of Vice President Mining, for Hawthorne Gold Corp. and has previously worked with Candente Resource Corp., Adriana Resources Ltd., Adanac Molybdenum Corporation, Pan American Silver Corporation and Breakwater Resources Ltd.

Douglas Pocock, CFA, is currently Chief Executive Officer of Mission Hills Capital Partners and has more than 25 years of experience in capital markets and investment management experience. Mr. Pocock has worked as a private equity investment executive and investment banker at both bank-owned and independent Canadian investment firms where he advised multiple private and public corporations in a wide array of industries, including mining, with regard to domestic and international strategy, capital markets and financing initiatives. Mr. Pocock received a Bachelor of Arts Honors, Business Administration from The University of Western Ontario in 1979 and earned the designation, Chartered Financial Analyst, in 1986.

"We are very pleased to have Mr. Petrina and Mr. Pocock join the Silver Mountain team as advisors to the Board," stated Mr. Konopelky, Silver Mountain's President and CEO. "Michael's extensive experience in operations and mining development will prove a terrific resource to Silver Mountain and Douglas' broad range of experience with public companies and the capital markets will be an excellent asset to the Company. Both Michael and Douglas' experience will strengthen the Company as it relates to corporate, finance, technical and other related matters. We are very fortunate to have these high caliber individuals join our team."

About Silver Mountain Mines Inc. (TSX VENTURE:SMM)

Silver Mountain Mines Inc. is a Canadian based exploration and development company with 100% ownership of a 9,200 ha property centered on the historical silver rich Ptarmigan Mine in south eastern, BC. The property hosts two styles of mineralization: silver rich, high grade polymetallic epithermal veins and manto style massive / semi-massive sulphide mineralization.

For further information on Silver Mountain Mines Inc. please visit the Company's website www.silvermountainmines.com and SEDAR (www.sedar.com).

ON BEHALF OF THE BOARD

Steve Konopelky, President and CEO

Neither the TSX-Venture Exchange nor its Regulation Services Provider as the term define in the polices of the TSX Venture Exchange accepts responsibility for the adequacy or accuracy of the release.

Contact Information

  • Silver Mountain Mines Inc.
    Mr. Steve Konopelky
    President & CEO
    +1 403 229 9140

    Silver Mountain Mines Inc.
    Sheri Barton
    Corporate Communications
    +1 403 217 5830
    www.silvermountainmines.com