Genco Resources settles liabilities

Genco Resources Ltd. (TSX:GGC) announced that has settled certain current liabilities amounting to $986,270 by the issuance of 2,408,473 Common Shares of the Company at a deemed price of $0.41 per Common Share.

The press release is quoted as saying:

Genco Resources Ltd. is a publicly traded mining company focused on developing its core asset, the producing La Guitarra silver-gold property located in the Temascaltepec Mining District of Mexico.

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