Goldex Announces Private Placement

/0 Comments/in /by

December 21, 2010

VANCOUVER, BC: Goldex Resources Corp (the “Company”) announces that it has arranged, subject to regulatory approval, a private placement (the “Offering”) of up to 15,000,000 Units (the “Units”) at a price of $0.05 per Unit for gross proceeds of up to $750,000. Each Unit will consist of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Share at a price of $0.10 for a period expiring one year from the date of issuance. Finders’ fees may be payable on a portion of the Offering.

Closing of the Offering is subject to the receipt of all necessary corporate and regulatory approvals, including those of the TSX Venture Exchange. Proceeds from the Offering will be used by the Company for general working capital. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus one day from the date of completion of the Offering, in accordance with the applicable securities legislation.

GOLDEX RESOURCES CORP

“Charles E. Ross”
Director and CFO

GOLDEX RESOURCES CORP
Suite 2110 – 1177 W. Hastings Street
Vancouver, BC, Canada V6E 2K3
Tel: 604.669-4300
Fax: 604.909-4682
Email: len@goldex.ca
Website: www.goldex.ca

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

Goldex Resources Discovers New Mineralization and Applies for New Exploration Concession in Guatemala

/0 Comments/in /by

Friday March 5th, 2010 – Exploration Update News Release

President Charles Ross reports:

Goldex Resources Corporation has applied for a new exploration concession adjacent to El Pato, it’s near surface orogenic gold property in Guatemala.

The new area is named Bendicion-Granadillas and was discovered recently by Goldex.  Hydrothermal alteration and mineralization measures at least fifty meters in thickness locally and can be traced over an east-west strike length of 5 km.

Goldex has a gold resource in the Agua Zarca-Cerrito Oeste-Cerrito-El Roque region which is known as the El Pato zone. This resource could grow significantly with the drilling recommended by Company geologists. That potential resource might double again if it can be shown to extend along strike as far as El Sauce where high-grade gold mineralization occurs at the surface.

In addition to the potential of the El Pato zone, Goldex also has multiple targets with strongly anomalous gold and/or base metals at the surface. One of those targets, Bendicion-Granadillas borders El Pato to the south and is larger in terms of size of its alteration system than the El Pato zone. To date this zone has produced surface samples containing grades up to 6855 ppm copper, 7055 ppm lead and 5298 ppm zinc from limited surface outcrop sampling.  Comparable orogenic deposits in terms of origin, geochemistry of gold mineralization and geometry are the Molejon deposit in Panama (1 M oz), the El Sastre deposit in Guatemala (0.8 M oz) and the Pogo deposit in Alaska (5.8 M oz), all of which are currently in production.

Goldex Resources Corporation is a junior exploration company exploring for gold in the Americas.  Goldex’s strategically-focused operations highlight prestigious properties, a world-class geology team and a global investment following.

Larry Kornze, Goldex director and a Registered Professional Engineer, is designated as the Qualified Person under National Instrument 43-101 and has reviewed and approved the contents of this news release.

Neither TSX Venture Exchange nor its Regulatory 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.