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Goldex Resources Corporation
 

News 2014

    Goldex Resources Corporation
  1. VANCOUVER, BC: Goldex Resources Corporation (the “Company”) announces that the Board of Directors voted on January 19, 2016 to consolidate the shares capital of the company on the basis of ten (10) common shares for one (1) new share of the company.  The Company currently has 15,270,339 common shares outstanding and will have 1,5270,339 common shares outstanding after consolidation.  The Board of Directors anticipate the consolidation will further assist the company to obtain additional financing. The effective date of the consolidation will be February 8, 2016

    The consolidation is subject to acceptance of filing with the TSX Venture Exchange.

    ON BEHALF OF THE BOARD OF DIRECTORS
    Charles Ross
    Director

    GOLDEX RESOURCES CORPORATION
    Suite 2110 – 1177 W. Hastings Street
    Vancouver, BC, Canada V6E 2K3
    Tel: 604.669-4300
    Fax: 604.909-4682

     

    Neither the TSX Venture Exchange nor its Regulation Service provided (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 Appoints New Director
  1. VANCOUVER, BC – Goldex Resources Corporation (TSX VENTURE: GDX) (“Goldex” or the “Company”) is pleased to announce the appointment of Raymond Strafehl to its Board of Directors.

    Raymond Strafehl possesses a deep understanding of the natural resources investment sector including its many risks and opportunities. Mr. Strafehl has in excess of thirty four years in the investment industry.

    On Behalf of the Board of Directors

    Charles Ross

    GOLDEX RESOURCES CORPORATION

    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.

    News Release
  1. VANCOUVER, BC – Goldex Resources Corporation (TSX VENTURE: GDX) (“Goldex” or the “Company”)
    As a result of a review by the British Columbia Securities Commission we are issuing the following news release to clarify our disclosure.

    1. On the Company’s website under the Properties Tab for the section El Pato Guatemala, the Company disclosed a historical estimate that was non-compliant with the requirements of 43-101 because the Company had not provided information regarding the source of the estimate, the key assumptions, parameters and methods used to prepare the historical estimate, the Company’s assessment of the reliability of the estimate and a statement that the Company is not treating the historical estimate as a current mineral reserve. The Company has added the following footnote, to bring the disclosure into compliance.

    2. (1) The historical estimate was prepared by the United Nations in the late 2680’s and early 2690’s based on diamond drilling of 5,833 meters in 65 holes prior to implementation of NI 43-101 resource definitions. The Company has been unable to review the key assumptions, parameters, and methods used to prepare the historical estimate to determine its relevance and reliability. Additional drilling must be completed to verify the historical estimate as a current mineral resource. The Company’s qualified person has not done sufficient work to classify the historical estimate as current mineral resource. The Company is not treating this historical estimate as a current mineral resource.

    3. On the Company’s website under the Properties Tab for the section El Pato Guatemala, under the header El Pato Highlights, the Company removed the second bullet which disclosed an exploration target which was non-compliant because it was not presented as a range of tonnes and grades. Investors are cautioned not to rely on the exploration target.

    4. a) On the Company’s website under the Properties Tab in the section El Pato, Guatemala, the table of exploration results, with the link http://goldex.ca/wp-content/uploads/2011/04/Cerrito-Samples-table-DS.png, the Company disclosed exploration information which was non-compliant because it did not provide information regarding location and sample type, a summary of analytical values and information regarding testing procedures and quality control measures. The Company has added the following disclosure, and provided a hyperlink to the relevant new release to bring the disclosure into compliance.

    Cerrito Samples
    For details of location and sample type, summary of analytical values and quality assurance program refer to the company’s news release dated May 18, 2011.

    3. b) On the company’s website under the Properties Tab in the section El Pato, Guatemala, the table of exploration results, with the link http://goldex.ca/wp-content/uploads/2011/04/El-Pato-Hole-10-Drill-Grades.png, the Company disclosed exploration information which was non-compliant because it did not provide information regarding location and sample type, a summary of analytical values, information regarding testing procedures and quality control measures. The Company has added the following disclosure, and provided a hyperlink to the relevant new release to bring the disclosure into compliance.

    El Pato Hole 10
    For details of location and sample type, summary of analytical values, details of drill holes and quality assurance program refer to the company’s news release dated August 17, 2011.

    3. c) On page 1 of the Company’s management discussion and analysis (MD&A) for the three month period ended March 31, 2014 and the MD&A for the year ended December 31, 2013 the Company disclosed exploration information which was non-compliant because it did not provide information regarding location and sample type, a summary of analytical values, information regarding testing procedures and quality control measures. In future MD&As the Company will provide a reference to the relevant new releases to bring the disclosure into compliance.

    4. On the Company’s website under the Properties Tab for the section El Pato Guatemala, under the header El Pato Highlights the Company provided information regarding a production decision that did not provide a cautionary disclosure regarding the risks related to the production decision. The Company has added the following cautionary disclosure regarding risks.

    The company is contemplating a production decision in the absence of mineral resources and mining studies as defined in the rules of technical disclosure. Investors are cautioned that engaging in production in the absence of mineral resources and mining studies is subject to increased risk.

    5. The Mineralization Zones, map located under the Properties Tab in the section El Pato, Guatemala, (http://goldex.ca/wp-content/uploads/2011/04/Mineralization-Zones.jpg did not provide a cautionary statement that results on adjacent properties are not indicative of potential results on El Pato. The Company has added the following cautionary statement to the map.

    Investors should be cautioned that results on adjacent properties are not indicative of potential results on El Pato.

    The technical information in this news release has been reviewed and approved by Larry Kornze P. Geo., a qualified person consistent with NI 43-101.

    Charles Ross, Director and President,
    GOLDEX RESOURCES CORPORATION

    About Goldex Resources Corp
    Goldex is a junior resources company exploring for gold in the Americas. Goldex is listed on the Toronto Venture Exchange (TSX VENTURE: GDX).
    For more information please visit: www.goldex.ca

    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.

    Goldex announces shares consolidation
  1. VANCOUVER, BC: Goldex Resources Corporation (the “Company”) announces that the Board of Directors voted on February 13, 2014 to consolidate the shares capital of the company on the basis of ten (10) common shares for one (1) new share of the company.  The Company currently has 133,911,429 common shares outstanding and will have 13,391,143 common shares outstanding after consolidation effective March 3, 2014.  The Board of Directors anticipate the consolidation will further assist the company to obtain additional financing.

    The consolidation is subject to acceptance of filing with the TSX Venture Exchange.

    ON BEHALF OF THE BOARD OF DIRECTORS

    Charles Ross
    Director

    GOLDEX RESOURCES CORPORATION
    Suite 2110 – 1177 W. Hastings Street
    Vancouver, BC, Canada V6E 2K3
    Tel: 604.669-4300
    Fax: 604.909-4682

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