Vancouver, Canada (ots/PRNewswire) - Oremex Resources Inc. (TSX-V:
ORM) (the "Company") is pleased to announce the appointment of Chuck
Jenkins, BA, CGA, as Chief Financial Officer of the Company,
effective September 5, 2006. Mr. Jenkins has held senior financial
positions with Canadian publicly-traded companies. He has also
worked in a corporate finance and regulatory compliance capacity with
three leading brokerage firms and served in a senior role with the BC
Securities Commission. Mr. Jenkins obtained his BA in 1977 and has
held his CGA designation since 1983.
"Mr Jenkins brings a broad range and depth of experience in the
securities, corporate compliance and corporate finance fields, and
will be a valuable addition to the Oremex team," stated Linda
The Company also announced the grant of 100,000 stock options to
Mr. Jenkins under the incentive option plan. The options are
exercisable at a price of $0.70 per share for a period of five
Mr. Jenkins replaces Mr. Don Smith, MBA, CA, who is leaving the
Company to pursue other professional opportunities. Mr. Smith will
remain available to the Company on a consulting basis. The Board of
Directors thanks Mr. Smith for his service.
The Company's most advanced projects are the Tejamen silver
property and the San Lucas polymetallic property, both located in
Mexico. An independent resource study (NI 43-101 compliant)
concluded that the Tejamen property contains a silver-equivalent
resource of 50.8 million ounces in a total of 22.6 million tonnes,
grading a silver-equivalent of 2.25 ounces per tonne (69.8 grams per
tonne). The independent preliminary assessment is expected to be
completed by the end of September, 2006.
The TSX Venture Exchange has not reviewed or does not accept
responsibility for the adequacy or accuracy of this release. This
news release may contain forward-looking statements including but
not limited to comments regarding the timing and content of upcoming
work programs, geological interpretations, receipt of property
titles, potential mineral recovery processes, etc. Forward-looking
statements address future events and conditions and, therefore,
involve inherent risks and uncertainties.
Actual results may differ materially from those currently
anticipated in such statements.
ots Originaltext: Oremex Resources Inc.
Im Internet recherchierbar: http://www.presseportal.ch
For further information: Linda Thorstad, M.Sc., P.Geo., Chief
Executive Officer, T: +1-(604)-683-5651, E: