Silvermet Inc.

Silvermet Inc.

June 19, 2008 14:10 ET

Silvermet Appoints W.S. (Steve) Vaughan as a Director

TORONTO, ONTARIO--(Marketwire - June 19, 2008) - Silvermet Inc. (TSX VENTURE:SYI) ("Silvermet" or "the Company") At the Annual Meeting of Shareholders held on June 12, 2008, W.S. (Steve) Vaughan was elected as an independent non-executive Director of the Company.

Mr. Vaughan is a mining lawyer and a partner of Heenan Blaikie LLP. He holds both a bachelor's and master's degree in geology and, a degree in law. Mr. Vaughan is a member of the PDAC, CIM and the Rocky Mountain Mineral Law Foundation.

Commenting on the Board's appointment of Mr. Vaughan, Mr. Frame said:

"We are pleased to have someone of Mr. Vaughan's caliber as an independent non-executive Director of the Board".

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.

The TSX Venture Exchange has in no way passed upon the merits of the transaction and has neither approved nor disapproved the contents of this press release.

Contact Information

  • Silvermet Inc.
    Clifford H. Frame
    (416) 203-8336
    (416) 203-9483 (FAX)
    Silvermet Inc.
    Stephen G. Roman
    President and CEO
    (416) 368-3949