Searchlight Innovations Inc T.SLX

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Silvermex Files Form 40-F Registration Statement with the SEC

Vancouver, BC, Canada -- April 2, 2012 -- Silvermex Resources Inc. ("Silvermex") (TSX: SLX) reports that it has filed a registration statement on Form 40‐F for the purpose of registering its common shares under Section 12 of the United States Securities Exchange Act of 1934, as amended (the "Exchange Act").

As reported on March 13, 2012, the Securities and Exchange Commission ("SEC") issued an order revoking the registration of Silvermex's common shares (then quoted on OTC Link -- previously the "Pink Sheets" -- In the United States under the symbol "GGCRF") under section 12(j) of the Exchange Act. Silvermex consented to this administrative procedure as an amenable solution to address the filing delinquencies of its predecessor company, Genco Resources Ltd. ("Genco"), under the Exchange Act. As a result, broker-dealers in the United States are currently unable to effect transactions in the United States markets under the trading symbol GGCRF.

The registration statement is anticipated to become effective 60 days after the filing date. Upon the registration statement becoming effective, broker‐dealers in the United States will be able to effect transactions in common shares of Silvermex in the United States. In the meantime, Silvermex's common shares continue to trade publicly on the TSX under the symbol SLX.