MARKET UPDATE

February 28, 2018

VANCOUVER, BC – Goldex Resources Corporation (TSX VENTURE: GDX, Frankfurt: WKN-A2AEDT, Ticker: G6T2) (“Goldex” or the “Company”) it has been brought to the Company’s attention that BaFin (Federal Financial Supervisory Authority in Germany) has issued a notice dated February 28, 2018 about the Company (the “Notice”). A link to the Notice is https://www.bafin.de/dok/10544464.   The Notice states that buy recommendations are currently being issued for the Company’s shares which contain false or misleading information and/or existing conflicts of interest are wrongfully concealed.  BaFin has initiated an investigation into the suspected market manipulation of the shares.  Prior to it being brought to the Company’s attention it was not aware of the Notice and not aware of the email market letters referred to in the Notice. The Company is also not aware of who issued the market letters.

CHARLES ROSS, President
GOLDEX RESOURCES CORPORATION

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.

Forward-Looking Statements

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties as disclosed herein and elsewhere in the Company’s periodic filings with Canadian securities regulators. When used in this news release, words such as “will”, “plan”, “estimate”, “expect”, “intend”, “potential”, “should”, and similar expressions, are forward-looking statements. Forward-looking statements include, without limitation, statements regarding future oriented events and other statements that are not historical facts. Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which the Company operates, are inherently subject to significant operational, economic and competitive uncertainties and contingencies. Such forward-looking statements should therefore be construed in light of such factors. There can be factors that cause actual results, performance or achievements to be materially different from those anticipated, estimated or intended in the forward-looking statements over and above those identified herein. There can be no assurance that management’s expectations or estimates of future developments, circumstances or results will materialize. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and Company disclaims any intention or obligation to update or revise such information, except as required by applicable law, and the Company does not assume any liability for disclosure relating to any other entity herein.

Suite 2300- 1177 West Hastings Street Vancouver British Columbia Canada V6E 2K3
Telephone: (604) 699-4300 Facsimile: (604) 909-4682
www.goldex.ca