Sedex Mining Corp.
TSX VENTURE : SDN

September 23, 2009 09:31 ET

Sedex Mining Acquires Gold Property in West Timmins District Along Mattagami River Fault

- CLAIMS IN ADJACENT TOWNSHIP TO WEST TIMMINS MINING/LAKE SHORE GOLD DISCOVERY

- LARGE HISTORIC EAST/WEST CONDUCTOR ABUTTING MATTAGAMI RIVER FAULT NEVER DRILLED

VANCOUVER, BRITISH COLUMBIA--(Marketwire Sept. 23, 2009) – Sedex Mining Corp. (TSX VENTURE:SDN) (the 'Company') is pleased to announce, subject to regulatory approval, the acquisition of a 100% interest in the Godfrey property consisting of eight units located in Godfrey Township, Porcupine Mining Division, near to West Timmins Mining.

To view a map of the Company's Godfrey gold property along the West Timmins gold belt please click on the following link:

http://media3.marketwire.com/docs/923map.pdf

The Godfrey property is accessible by road and is approximately 10 km southwest of Timmins, Ontario. The Timmins Camp has produced over 7 million ounces to date, the majority of which was mined in proximity to the Destor-Porcupine Fault Zone.

The Godfrey Property has seen limited exploration work in the past. Data from any previous work is currently being reviewed by Company and will be used to guide upcoming exploration programs.

Consideration for the property consists of $35,000 and 200,000 shares, all payable over three years. There is a 2% net smelter return payable, one-half (1%) of which may be purchased for $1,000,000.

The Company also announces that it has arranged for a private placement for up to 10,000,000 units for total proceeds of up to $400,000. The financing will consist of flow through units priced at $0.04 per unit and non-flow through units priced at $0.025 per unit. Each of the units will consist of one flow through or non-flow through common share and one non-flow through, non-transferable share purchase warrant entitling the holder to purchase one additional common share for five years at a price of $0.05 per share in the first year and $0.10 per share for the remaining four years. In accordance with Exchange policies, finders' fees may be paid on the funds raised. The private placement is subject to regulatory approval.

About Sedex Mining Corp.  

Sedex is well positioned to discover and capitalize on world class gold, silver, copper, nickel and zinc deposits. During the past few years the Company has strategically accumulated large land packages in existing mining or mineral districts such as the Abitibi in Ontario. These properties often have existing infrastructure and are often within road access to metallurgical facilities to process mined ores. Sedex is well positioned to discover and capitalize on world class gold, silver, copper, nickel and zinc deposits. During the past few years the Company has strategically accumulated large land packages in existing mining or mineral districts such as the Abitibi in Ontario. These properties often have existing infrastructure and are often within road access to metallurgical facilities to process mined ores.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

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

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