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IAMGOLD Exercises Warrants

Thu, Nov 26, 2009

Gold Company News

Merrex Gold Inc. (TSX VENTURE:MXI) reported that IAMGOLD Corporation has exercised all of its outstanding share purchase warrants.

The press release is quoted as saying:

Merrex holds a 100% interest in an 800 square kilometre land package located in west Mali, Africa. The Siribaya Gold Project is joint exploration project funded by IAMGOLD Corporation, managed by a joint IAMGOLD-Merrex management team and operated by Merrex. IAMGOLD may earn up to 50% interest in the Siribya Gold Project by expending Can$10.5 Million over four years.

Click here to access the entire press release

Click here to access Merrex-Gold Corporate Site

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  • For upcoming gold investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo

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  • The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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  • GoldInvestingNews.com maintains a focus on Gold exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.

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  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

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