Merrex Gold Inc.
TSX VENTURE : MXI

Merrex Gold Inc.

November 17, 2010 09:13 ET

Merrex Gold Inc.: Acquisition of Jubilee Zinc Project 50% Interest

HALIFAX, NOVA SCOTIA--(Marketwire - Nov. 17, 2010) - Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. ("Merrex") (TSX VENTURE:MXI) is pleased to announce:

Acquisition of Jubilee Zinc Project 50% Interest

Further to Merrex's initial news release of August 26, 2010, Merrex has received TSX Venture Exchange acceptance to the acquisition of a 50% interest in the Jubilee Zinc Project from Frontline Gold Corp. for 1,000,000 common shares of Merrex. Merrex already owns the other 50% of the Jubilee Zinc Project. Closing is scheduled for November 24, 2010.

Merrex is a Mali focused gold exploration company with experienced management, a solid exploration team, a prominent gold-producer as a partner and an expanding gold resource … a winning combination offering investors an extraordinary opportunity.

Please visit our website at www.merrexgold.com for the most recent corporate presentation.

On Behalf of the Board

Gregory Isenor, P.Geo., President & CEO

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Merrex Gold Inc.
    1550 Bedford Highway, Suite 802, Sun Tower
    Bedford, NS B4A 1E6
    (902) 832-5555
    (902) 832-2223 (FAX)
    info@merrexgold.com