HALIFAX, NOVA SCOTIA / ACCESSWIRE / April 22, 2014 / Greg Isenor, President and CEO of Merrex Gold Inc., ("Merrex" or the "Company") (TSX Venture: MXI) is pleased to announce that it has engaged MarketSmart Communications Inc. ("MarketSmart") to provide investor relations services to the Company.
MarketSmart Communications Inc. - Investor Relations Program
Merrex has entered into a consulting agreement ("Agreement") with MarketSmart pursuant to which MarketSmart will provide investor relations services to the Company.
MarketSmart was established in 2002 and President, Maria Da Silva, has worked with many TSX Venture Exchange companies to assist in helping companies with their corporate profile within the investment community.
The Agreement is for an initial three-month term subject to renewal. MarketSmart will receive fees of $3,000 per month and 500,000 incentive stock options, such options to be formally granted within ten (10) business days. Both the consulting agreement and the options to be granted are subject to the approval of the TSX Venture Exchange.
Since 2002 MarketSmart has connected sophisticated investors to promising exploration companies by providing shareholder and investor communications services, public and media relations; e-mail marketing campaigns and increased web exposure. MarketSmart can be reached at 604-261-4466, toll free at 1-877-261-4466 or by visiting www.marketsmart.ca.
About Merrex's Siribaya Gold Project
The Siribaya Gold Project is a 50/50 joint Merrex-IAMGOLD advanced-stage gold exploration project in West Mali comprised of approximately 910 square kilometres of gold-prolific exploration permits and permit applications pending. Exploration of the Siribaya Gold Project is conducted under a joint management committee. Expenditures to date on the Siribaya Project total approximately $40 million.
The Siribaya Gold Project presently hosts a NI 43-101 compliant gold resource estimated at 303,900 ounces grading 2.34 g/t Indicated, and 301,400 ounces grading 2.17 g/t Inferred (July 31, 2012 ACA Howe International Limited); the deposit areas are open to the north, south and at depth. Numerous other gold-anomalous target areas have been identified by geochemistry and require drilling.
Gregory P. Isenor, P. Geo., is the Qualified Person as defined under NI 43-101 who has reviewed and is responsible for the technical information presented in this news release.
Merrex is primarily a West African focused gold exploration company with experienced management, a solid exploration team and a prominent gold-producer as a JV partner.
For further details about the Company's exploration activities or to view the most recent corporate presentation visit Merrex's website at www.merrexgold.com.
To be added to Merrex's email contact list please email your request to [email protected].
On Behalf of the Board
Gregory Isenor, P.Geo.
President & CEO
Merrex Gold Inc.
Suite 802, 1550 Bedford Highway, Bedford, NS B4A 1E6
Tel.: (902) 832-5555 Fax: (902) 832-2223
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.