Oremex Establishes Mexican Advisory Committee

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Dr. Ruben Shiffman Appointed Committee Chair

Oremex Resources (TSX VENTURE: ORM) has established a Mexican Advisory Committee to enable the company to be more strategic and proactive in its activities in Mexico. The Company's board of Directors has appointed Dr. Ruben Shiffman to the position of Chairman of the Committee.

Dr. Shiffman is a native of Mexico City and holds dual Mexican and Canadian citizenship. He is Managing Director of Emerging Markets trading at Scotia Capital in Toronto, Canada, a position he has held since 2005, and worked for Scotia in Mexico City from 1999-2002. Prior to joining Scotia in Toronto he was VP/Director for Latin America and Caribbean trading and sales at TD Securities. Dr. Shiffman has been a Director of the Securities Bureau at the Mexican Banking and Securities Commission / Ministry of Finance were he represented Mexico at the Bank for International Settlements in Basle and on the International Organization of Securities Commissions. He holds a BBA and MBA from Universidad de Las Americas (UDLA), a Ph.D in finance from Mexico National Autonomous University (UNAM) and post-doctoral studies from the Rotman School of Management at the University of Toronto. He has been a lecturer in finance at the University of Calgary and at UNAM and holds two national research awards in Mexico (1997 IMEF & ANFECA).

John Carlesso, Executive Chairman of Oremex commented: "The Advisory Committee has been created to establish more effective policy on the ground in Mexico through improved understanding, planning, and actions on matters of business, government, and social importance. The Committee will play an important role in providing guidance to the Board on vital issues where specific local expertise is valuable. As the Committee expands we anticipate it will bring improved understanding and insight to our efforts in Mexico. Ruben's leadership, experience and knowledge will enhance the company's efforts to establish and strengthen key relationships with both business and government and to accelerate the process of developing a positive reputation for Oremex in Mexico."