HALIFAX, NOVA SCOTIA -- ( Marketwire ? May 30, 2008) - Gregory Isenor,
P.Geo., President and CEO of Merrex
Gold Inc. ("Merrex")(TSX VENTURE:MXI)
announces:
Chief Financial Officer
Effective
June 1, 2008 Gary MacKenzie,
CA, will be appointed interim Chief Financial Officer in place of Ms. Teri
Anderson. Mr. MacKenzie, a director of Merrex, also serves as director and CFO of Shear Wind Inc.
Ms. Anderson, who served as part-time CFO for Merrex,
will be continuing her independent private practise. Merrex thanks
her for her contributions to our growth.
Director of Finance
Mr. Chris
Ryan, B. Comm., CA, has joined Merrex as full-time
Director of Finance. Mr. Ryan, a Dalhousie graduate, has over 25 years
experience in corporate finance. After completing his chartered accountancy Mr.
Ryan joined FTSE 100 oil and gas company LASMO (previously London
and Scottish Marine Oil Plc., now Eni Lasmo Plc.), one of Britain's
largest independent oil and gas exploration companies. During his tenure at
LASMO he served as Finance Manager participating in the marketing and sale of LASMO's Canadian operations to PanCanadian
Petroleum. Mr. Ryan gained international experience working with both LASMO and
Precision Drilling throughout South
America. Mr. Ryan returned to Canada
in 2003 as Director of Finance for Air Canada Jazz leading the finance team as
Air Canada Jazz worked out of CCAA protection. Most recently Mr. Ryan served as
Regional Controller for Major Drilling in Africa.
Management
is pleased to have someone with Mr. Ryan?s
experience and credentials join our staff and look forward to him advancing
into more senior roles as the corporation expands. The directors, management and
staff welcome Mr. Ryan to the Merrex team.
Merrex
Gold is a mineral resource exploration company focused on exploration for gold
in West Mali, Africa, zinc in Cape
Breton, Nova
Scotia, nickel in West Voisey's
Bay, Labrador, and gold in Red
Lake, Ontario,
with a solid organization of people and projects to enable continued aggressive
exploration, discovery, and growth.
FOR FURTHER INFORMATION PLEASE CONTACT:
Greg Isenor
President & CEO
(902) 832-5555
Or visit our website at www.merrexgold.com
This
press release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address future exploration drilling,
exploration activities and events or developments that the Company expects, are
forward looking statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual
results or developments may differ materially from those in forward-looking
statements. Factors that could cause actual results to differ materially from
those in forward-looking statements include market prices, exploitation and
exploration successes, continued availability of capital and financing, and
general economic, market or business conditions.
THE
TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR
THE ACCURACY OF THIS RELEASE.