Silvermet Inc.
TSX VENTURE : SYI

Silvermet Inc.

March 18, 2010 14:32 ET

Silvermet Inc. Retains Renmark Financial Communications Inc.

TORONTO, ONTARIO--(Marketwire - March 18, 2010) -

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Silvermet Inc. ("Silvermet" or the "Company") (TSX VENTURE:SYI) is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities.

"We are pleased to announce that we have selected Renmark to reinforce Silvermet Inc's profile in the financial community and enhance the visibility of our project portfolio. We choose Renmark because its standards and methodologies fit best with the message we wish to communicate to the investing public," noted Stephen G. Roman, President and CEO of Silvermet Inc.

In consideration of the services to be provided, the Company has agreed to pay a monthly retainer of $4,000 to Renmark Financial Communications Inc.

Renmark Financial Communications does not have any interest, directly or indirectly, in Silvermet Inc. or its securities, or any right or intent to acquire such an interest.

About Silvermet:

Silvermet's Waelz kiln operations in Iskenderun, Turkey have been operating since mid-May to recover zinc contained in the Electric Arc Furnace Dust ("EAFD") that is produced as a waste product by local steel mills.

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.

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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