Silvermex and Genco Merge

On November 16, 2010, Silvermex Resources Ltd. (“Silvermex”) and Genco Resources Ltd. (“Genco”) completed the transaction involving the combination of their respective businesses, whereby Genco acquired all of the outstanding common shares of Silvermex pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia).

Following the closing of the transaction, Genco changed its name to Silvermex Resources Inc. (“New Silvermex”).

Following the completion of the transaction, New Silvermex has a market capitalization of approximately $214 million.

New Silvermex is a Canada-based silver and gold mining company with a producing silver-gold property located in the Temascaltepec Mining District of Mexico and other mineral exploration projects in Mexico.
Nn
Silvermex was represented by Lang Michener LLP, now McMillan LLP, with a team consisting of Gary Floyd, Leo Raffin, Amandeep Sandhu, Alexis Cloutier, Lisa Fang and Erica Weiss (corporate/securities); Peter Botz (tax) and Herbert Ono (US securities).

Genco was represented by McCarthy Tétrault LLP with a team including Cameron Belsher, Brian Vick, Sven Milelli, Michael Stephens, Shubha Krishnan and Brian O'Neill.