Oremex Silver Announces Appointment of Michael Smith as Chief Geological Advisor

August 7, 2013

TORONTO, ONTARIO--(Marketwired - Aug. 7, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Oremex Silver Inc. ("the "Company") (TSX VENTURE:OAG) is pleased to announce that Michael Smith will be assuming the role of Chief Geological Advisor. Coincident with this appointment, Mr. Smith will also be resigning from his position as Chief Executive Officer and Director of the Company to pursue other full time interests.

"Mike has worked tirelessly for Oremex over the past several years on all aspects of the company's business in Mexico including exploration, project development, and social issues. The Company will continue to benefit from Mike's expertise, local knowledge, and experience in his new role," stated John Carlesso, Executive Chairman.

The Board of Directors has initiated a process to appoint a new Chief Executive Officer. Keith Minty, P. Eng., who has a broad range of international experience in both building and operating mining operations (see Press Release dated May 21, 2013), will lead the Executive Search and evaluation process of candidates on behalf of the Company.

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 successful track record of mine- building in Mexico.