Merrex Executes Final Documentation with IAMGOLD

Merrex Executes Final Documentation with IAMGOLD

Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. announces that Merrex and IAMGOLD Corporation have executed the definitive Option Agreement for 50% of Merrex’s Siribaya Gold Project in West Mali, Africa.

IAMGOLD has concluded its due diligence review and Merrex and IAMGOLD have executed final documents for the option of Merrex’s Siribaya Gold Project and the concurrent private placement.

The required filings have been made with the TSX Venture Exchange. Closing will follow receipt of regulatory approvals at which time Merrex will issue a comprehensive news release.

Merrex’s principal projects are its Siribaya Gold Project, an advanced exploration project in Mali (West Africa) and its Jubilee Zinc Deposit in Cape Breton, Nova Scotia.

Merrex Gold is a mineral resource exploration company focusing on gold exploration in West Mali, Turkey and in the Red Lake area of Ontario and zinc exploration in Cape Breton, Nova Scotia. Merrex has a solid organization of people and projects enabling aggressive exploration, discovery, and growth.

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