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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/15/13 -- SAMEX Mining Corp. ("SAMEX") (TSX VENTURE: SXG)(OTCQB: SMXMF) announced today that it has effected a change in senior management pursuant to the terms of a previously announced agreement (see NR No. 5-12), as follows:
----------------------------------------------------------------------------RESIGNING DIRECTORS AND OFFICERS----------------------------------------------------------------------------Name Office----------------------------------------------------------------------------Jeffrey P. Dahl Director, President and Chief Executive Officer----------------------------------------------------------------------------Larry D. McLean Director, Vice President Operations, Chief Financial Officer----------------------------------------------------------------------------Robert E. Kell Director, Vice President Exploration----------------------------------------------------------------------------Allen D. Leschert Director----------------------------------------------------------------------------Malcolm B. Fraser Director----------------------------------------------------------------------------Brenda McLean Corporate Secretary--------------------------------------------------------------------------------------------------------------------------------------------------------NEW AND CONTINUING APPOINTMENTS----------------------------------------------------------------------------Name Office----------------------------------------------------------------------------(i)Sasan Sadeghpour Director, Chairman, Interim Chief Executive Officer----------------------------------------------------------------------------(i)James Pappas Director----------------------------------------------------------------------------(i)Travis Cocke Director----------------------------------------------------------------------------(i)Patrick M. Cahill, CPA Director----------------------------------------------------------------------------Larry D. McLean Interim Chief Financial Officer----------------------------------------------------------------------------Brenda McLean Interim Corporate Secretary----------------------------------------------------------------------------(i) Members of Audit Committee----------------------------------------------------------------------------
All of the resigning directors and officers have agreed to continue to act as consultants to the Company in order to ensure an efficient and orderly transition to new management.
Sasan Sadeghpour, Director and Chairman of the Company, has agreed to act as Interim Chief Executive Officer of the Company at an annual salary of $1.00.
Larry D. McLean and Brenda McLean have agreed to continue in a consulting role as Interim Chief Financial Officer and Interim Corporate Secretary, respectively, up to April 30, 2013 or until their permanent replacements are appointed.
