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Message: Extends Expiry Date of Outstanding Warrants
| January 6, 2009 |
| Mexican Silver Mines Ltd. Extends Expiry Date of Outstanding Warrants |
| CALGARY, ALBERTA--(Marketwire - Jan. 6, 2009) - Mexican Silver Mines Ltd. ("Mexican Silver") (TSX VENTURE:MSM)(FRANKFURT:MS2)(WKN:A0MSLE) is pleased to announce that it has extended the expiry date of certain of its outstanding common share purchase warrants. The term of the 420,000 warrants expiring on January 10, 2009 and the 4,380,000 warrants expiring on May 7, 2009, both having exercise prices of $0.50 per common share, and the 6,420,750 warrants expiring June 29, 2009, having an exercise price of $1.30 per common share, have been extended to May 30, 2010. The extension of the terms of these warrants have been approved by the TSX Venture Exchange. For further information on the original issuance of the warrants, please refer to the press releases of Mexican Silver dated January 10, 2007, May 8, 2007 and July 3, 2007 filed on SEDAR. About Mexican Silver Mines Mexican Silver Mines is a silver focused junior resource company developing three former silver producing properties in northeastern Mexico. To learn more about Mexican Silver Mines, please visit: www.mexicansilvermines.com. ON BEHALF OF THE BOARD OF MEXICAN SILVER MINES LTD. Feisal Somji, B.Sc., MBA, President and Chief Executive Officer |
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