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Dec 23, 2008
Merrex Increases Ownership of Siribaya to 100% and Closes $12,000,000 Option and Private Placement with IAMGOLD
HALIFAX, NOVA SCOTIA - Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. ("Merrex")(TSX Venture:MXI) announces that Merrex has closed its Private Placement and Option Agreement with IAMGOLD Corporation ("IAMGOLD") for 50% of Merrex's Siribaya Gold Project in West Mali, Africa.

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