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SILVER MINES LIMITED Board/Management Information 2015

Feb 12, 2015

65881_rns_2015-02-12_4eb40aab-c108-48fa-95aa-eee09538043b.pdf

Board/Management Information

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Level 10 2 Bligh Street Sydney, NSW, 2065 P: +61 2 9391 0450 F: +61 2 9391 0409 E: [email protected] W: www.silverminesltd.com.au

13 February 2015

ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam,

Re: Appointment and Resignation of Company Secretary

Silver Mines Limited ("the Company") is pleased to announce today the appointment of Vazrick (Vaz) Hovanessian as Company Secretary of the Company.

Vaz holds a Bach of Business in Accounting (B.Bus.) and a Master of Applied Finance (M.App. Fin.). He spent 7 years in chartered accounting before setting up a Corporate & Financial Advisory business in 1981 and has been a self-employed businessman for 33 years with interests in Mining & Exploration, Financial Services, Corporate Advisory, Property and Tourism.

He has held senior positions, from CFO & Company Secretarial roles to Executive Directorships and Chairmanships in several ASX Listed junior and emerging resource (Mining & Oil and Gas) companies since 1984 and is currently the Chairman of Broad Investments Limited and the CFO and Company Secretary at Ochre Group Holdings Limited. He also has advisory roles in other junior explorers.

Vaz is Managing Director of Fern Street Partners, a corporate advisory firm which provides Strategic Corporate Advice specialising in SMEs and ASX Listed companies (Small Caps and Junior Miners), including Restructuring, Fund Raising, ASX Listings (Spin-offs, Back-door & IPO), Business Acquisitions & After Market Strategies.

In addition, the Company announces the resignation of Kevin Lynn as Company Secretary. Kevin has been involved with the Company since its listing in 2007 and was instrumental in the IPO. On behalf of the Board I thanks him for his efforts and wish him success in the future.

Yours sincerely,

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Charles Straw MANAGING DIRECTOR

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Silver Mines Limited ACN 107 452 942