Goldex hires CHF Investor Relations for IR work

April 5, 2011

Goldex Resources Corp. has retained CHF Investor Relations, a highly regarded Canadian investor relations firm headquartered in Toronto operating under the same management for the past 18 years. Charles E. Ross, director and chief financial officer of Goldex Resources, commented: “Goldex Resources wants to launch a comprehensive investor awareness campaign. To steer these efforts, Goldex has brought in one of Canada’s most respected IR firms. CHF Investor Relations offers a complete spectrum of services from market liquidity assistance to valuation reports which stood out amongst the IR firms we looked at. We’re determined to get the Goldex story in front of new brokers, investment bankers and analysts across Canada.” Effective immediately, the services agreement for investor relations and market-making is for a term of 12 months, subject to a satisfactory performance review after six months, and may be extended for up to one year. Under the terms of the services agreement, which is subject to TSX Venture Exchange approval, CHF will receive $7,500 per month in fees and reimbursement of expenses. CHF has been granted a total of 600,000 GDX stock options of which 300,000 have an exercise price of 25 cents per share and 300,000 have an exercise price of 35 cents per share. The options vest quarterly over 12 months beginning on July 1, 2011, and have a five-year term, expiring on March 31, 2016. Upon termination of the services agreement, any vested options will be cancelled after 30 days.

It has been agreed that CHF will initiate a market liquidity program, more commonly referred to as market-making, through its Calgary office. The market-making activity will be conducted using a registered broker, in compliance with IIROC’s Universal Market Integrity Rules and Policies (2010), and other relevant policies, so that trading orders in the company’s shares are made to manage volatility and improve liquidity. Prior to the grant of options outlined above, CHF had no direct or indirect interest in the company or its securities.

About CHF Investor Relations

CHF’s effective role is acting as the public company’s outsourced, low-cost equivalent to an internal investor relations department. CHF serves an international portfolio of Toronto Stock Exchange-, TSX Venture Exchange- and CNSX-listed companies, and others that may seek to list on North American exchanges that operate in a broad range of industries including mining exploration and producers, oil and gas, biotech, high-tech, renewable energy, consumer products, and special situations. The depth of capital market experience is formidable dating back to the late 1970s. CHF’s head office is in Toronto, with another Canadian office in Calgary and representation in Montreal; as well as branch offices in New York, United States; Sao Paulo, Brazil; and Shanghai, China.

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