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Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. ("Merrex")(TSX Venture: MXI) makes important announcement to Merrex warrantholders.
Urgent Notice to Warrantholders
� Warrantholders wanting to qualify for the Merrex dividend of 18,675,000 shares of Frontline Gold Corporation MUST have their warrant exercise COMPLETED by the April 15, 2010 dividend Record Date.
�As at the date hereof there remain unexercised approximately 1,400,000 share purchase warrants expiring April 29, 2010 and approximately 3,700,000 expiring May 28, 2010. Any warrantholder wishing to participate in the Merrex dividend of 18,675,000 shares of Frontline Gold Corporation MUST have their warrant exercise COMPLETED by the April 15, 2010 dividend Record Date,� said Gregory Isenor, President and CEO of Merrex Gold. �Merrex shareholders of record on April 15, 2010 will receive one share of Frontline for each 4.5 shares (approximately) of Merrex. The actual certificates will be sent out on May 1, 2010 allowing our transfer agent adequate time to determine all final dividend allocations. The April 15, 2010 Record Date is an absolutely final deadline to qualify for the dividend. No extensions of time or other exceptions can be made for any reason.�
Frontline Gold Corporation holds the advanced stage Niaouleni Gold Project in southwest Mali. For additional details see www.frontlinegold.com
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 presentation.
On Behalf of the Board
Gregory Isenor, P.Geo.
President & CEO
Merrex Gold Inc.
1550 Bedford Highway
Suite 802, Sun Tower
Bedford, NS B4A 1E6
Tel.: (902) 832-5555
Fax: (902) 832-2223
info@merrexgold.com
Renmark Financial Communications Inc.
Jason Roy: jroy@renmarkfinancial.com
Barbara Komorowski: bkomorowski@renmarkfinancial.com
Tel.: (514) 939-3989 or (416) 644-2020
www.renmarkfinancial.com
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.
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Merrex Gold
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EXPLORATEUR |
CODE : MXI.V |
ISIN : CA59012H1047 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Merrex Gold est une société d’exploration minière d'or basée au Canada. Merrex Gold détient divers projets d'exploration au Mali. Ses principaux projets en exploration sont RED LAKE PROPERTIES et JUBILEE au Canada et SIRIBAYA et KAKADIAN au Mali. Merrex Gold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 44,8 millions CA$ (33,3 millions US$, 31,4 millions €). La valeur de son action a atteint son plus haut niveau récent le 29 décembre 2006 à 1,30 CA$, et son plus bas niveau récent le 13 décembre 2013 à 0,02 CA$. Merrex Gold possède 199 230 000 actions en circulation. |