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Marifil Appoints New Chief Financial Officer

01.06.2011  |  Marketwire

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/01/11 -- MARIFIL MINES LTD. (TSX VENTURE: MFM) ('Marifil' or 'the Company') is pleased to announce the appointment of Mr. Matthew A. Fowler to the position of Chief Financial Officer ('CFO') of the Company, effective as of May 26, 2011. Mr. Fowler has been the Interim CFO of the Company since October 26, 2010.


Mr. Fowler has six years of investment, corporate finance and Securities and Exchange Commission accounting experience. He also serves as a Senior Consultant with Sharp Executive Associates, Inc., an international financial consultancy assisting private, USA, and Canadian listed public companies with accounting and regulatory compliance needs.


Mr. Fowler served as a partner, CFO and CCP at Strata Partners, LLC, a boutique investment bank based in Seattle, Washington where he was responsible for capital raising as well as all financial, operational and compliance requirements with the Financial Industry Regulatory Authority. Mr. Fowler received an AB degree in economics and a Certificate in Accounting from the University of Washington.


Mr. Fowler has been granted incentive stock options as part of his appointment as CFO of the Company. The Options are subject to the terms and conditions of the Company's Stock Option Plan.


WE SEEK SAFE HARBOR.


General Disclaimer


Marifil Mines Ltd. 'Marifil' has taken all reasonable care in producing and publishing information contained in this news release, and will endeavor to do so on a periodic basis. Material in this news release may still contain technical or other inaccuracies, omissions, or typographical errors, for which Marifil assumes no responsibility. Marifil does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Marifil be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material from this news release. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express written permission.


Forward-Looking Statements


This news release may contain forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.


For further information regarding Marifil Mines Ltd., please refer to the Company's filings available on SEDAR (Http://www.sedar.com) or at Marifil's Website (Http://www.marifilmines.com).


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts:

Marifil Mines Ltd.

John Hite

President

(702) 562-4880
www.marifilmines.com


Ascenta Capital Partners Inc.

Hugh Oswald

Investor Relations, Vancouver

(604) 684-4743 ext. 243
hugh@ascentacapital.com



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