AGENCY AGREEMENTAgency Agreement • May 3rd, 2011 • Silvermex Resources Inc • Mining & quarrying of nonmetallic minerals (no fuels) • British Columbia
We, Haywood Securities Inc. and Salman Partners Inc. (collectively, the “Agents”), understand that Genco Resources Ltd. (the “Issuer”) proposes to sell up to 6,667,000 units (the “Units”) of the Issuer at a price of $3.75 per Unit for aggregate gross proceeds to the Issuer of up to $25,001,250, and that the Issuer wishes to appoint the Agents to distribute the Units to purchasers (the “Purchasers”) qualified to purchase such Units pursuant to the Exemptions (as defined below). The Agents are willing to accept such appointment, pursuant to the terms and conditions set forth below.
