Examples of Silvermex in a sentence
The acquisition was completed on November 16, 2010 and the former Silvermex Resources Ltd.
I have reviewed the interim financial report and interim MD&A (together, the “interim filings”) of Silvermex Resources Inc.
In consideration for 100% of the outstanding shares of Silver One, Silvermex issued 89,315,406 shares and assumed 7,000,000 employee and consultant stock options, 15,795,653 warrants and 1,003,244 agents’ common share units of Silver One and share obligations to Aurcana.
The La Guitarra Silver Mine was acquired through the acquisition of Silvermex Resources Inc.
On September 20, 2010, the Company announced that it had entered into a plan of arrangement with Silvermex Resources Ltd., a TSX Venture company, to acquire 100% of the outstanding shares of Silvermex Resources Ltd., in an all share transaction.
Silvermex is well financed to further develop resources organically from its multiple projects as well as from the acquisition of additional assets that will drive production growth.
On July 3, 2012, the Company completed the plan of arrangement (the “Arrangement”) previously announced on April 3, 2012 to acquire all of the issued and outstanding common shares of Silvermex Resources Inc.
Shareholders of Silvermex received 0.0355 First Majestic shares and CAD$0.0001 for each share of Silvermex.
The directors will use their best business judgment to help avoid situations where conflicts or corporate opportunity issues might arise and they must at all times fulfill their duties to act honestly and in the best interests of Silvermex.
Silvermex estimates that less than 5% of the identified vein system has been drill tested to date.