GFM Resources Limited announced the appointment of Mr. Esteban Rivero Gonzalez as a Director of the Corporation, taking the position of President and Chief Executive Officer. Esteban is currently responsible for diverse activities within Compañía Minera Autlán, S.A.B. de C.V., the Corporation's majority and controlling shareholder, serving in different positions within strategic planning, financial planning and supply chain areas. Currently, as part of his role, he leads the Energy Division in charge of power generation operations and projects.

He has served as Board member of Autlán since he joined in 2003, and is currently the Chairman of the International Manganese Institute based in Paris, France. Esteban's appointment follows the resignation of Mr. José Antonio Rivero González, who submitted his resignation as Director, President and CEO on this date.