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OAG

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0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:OAG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Oremex Silver Confirms Annual General Meeting to Proceed as Planned

12/11/2013 11:04pm

Marketwired Canada


Oremex Silver (TSX VENTURE:OAG) (the "Company") will continue with its plans to
hold its duly-convened Annual General Meeting of shareholders (the "Meeting") on
December 31, 2013. The related proxy materials and management information
circular will be provided to shareholders on or prior to the week of December 6,
2013, in accordance with prescribed timelines.


The Company originally convened an annual and special meeting of shareholders by
issuing the requisite notice on September 27, 2013, for a meeting to be held
November 26, 2013 and, as such, was under no obligation to convene another
meeting in response to a shareholder requisition which was subsequently received
by the directors of the Company and which action had also been publically
announced by the shareholder making the requisition.


The Company subsequently convened the Meeting for December 31, 2013, primarily
as result of having focussed its recent efforts to, among other things, continue
to seek a reinstatement for trading with the TSX Venture Exchange, which has
granted approval to the Company to formally adopt a fixed stock option incentive
plan in lieu of a rolling stock option plan, reserving for issuance of a maximum
of 8,875,000 stock options under the plan (such that there was no longer a need
for special business to be contemplated at the meeting). The Company is also
aware of a form of proxy circular prepared by the same shareholder which has
been made publically available but has not been prepared in connection with
Meeting to be held on December 31, 2013, at which all shareholders are invited
to attend. The Company continues to work towards implementing its strategic plan
and corporate objectives and will respond to any further matters raised prior to
the Meeting in due course.


About Oremex Silver Inc.

Oremex is a Canadian company focusing on the exploration and development of
silver projects along the highly productive mineralized belt in Mexico. The
Company has a portfolio of silver projects including a mineral resource of 50.8
million ounces of silver at its Tejamen deposit. The Company's projects are
located in mining-friendly jurisdictions and the management team has a
successful track record of mine-building in Mexico.


Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release may constitute forward-looking
information (collectively "forward-looking information") within the meaning of
Canadian securities laws. Forward-looking information may relate to this news
release and other matters identified in Oremex's public filings, anticipated
events or results and can be identified by terminology such as "may", "will",
"would", "could", "should", "expect", "plan", "anticipate", "believe", "intend",
"estimate", "projects", "predict", "potential", "continue" or other similar
expressions concerning matters that are not historical facts and include, but
are not limited in any manner to, those with respect to entering into definitive
and binding agreements with respect to financings, capital and operating
expenditures, economic conditions, availability of sufficient financing, receipt
of approvals, the receipt of exemptive relief from securities requirements,
satisfaction of closing conditions and any and all other timing, development,
operational, financial, economic, legal, regulatory and/or political factors
that may influence future events or conditions. Such forward-looking statements
are based on a number of material factors and assumptions, including, but not
limited in any manner to, those disclosed in any other public filings of Oremex,
and include the ultimate availability and final receipt of required approvals
and/or exemptive relief, the decision of third parties to consummate definitive
agreements with Oremex, sufficient working capital for development and
operations, access to adequate services and supplies, availability of markets
for products, commodity prices, foreign currency exchange rates, interest rates,
access to capital markets and other sources of financing and associated cost of
funds, availability of a qualified work force, availability of manufacturing
equipment, no material changes to the tax and regulatory regime and the ultimate
ability to execute its business plan on economically favourable terms. While the
Company considers these assumptions to be reasonable based on information
currently available to it, they may prove to be incorrect. Actual results may
vary from such forward-looking information for a variety of reasons, including
but not limited to risks and uncertainties disclosed in other Oremex filings on
www.sedar.com and other unforeseen events or circumstances. Other than as
required by law, Oremex does not intend, and undertakes no obligation, to update
any forward-looking information to reflect, among other things, new information
or future events.


Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Oremex Silver Inc.
Christian Scovenna
+1 416.957.6441
info@oremexsilver.com
www.oremexsilver.com

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