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Friday, 02/03/2012 3:39:40 PM

Friday, February 03, 2012 3:39:40 PM

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Goldex Resources Corp. Announces Progressive IR Consultants Corp as IR Provider

February 2nd - Vancouver, B.C. Goldex Resources Corp. (GDX:TSX.v) is pleased to announce that it has retained Progressive IR Consultants Corp. (“Progressive”) as an investor relations and corporate communications service provider. Progressive is a Vancouver, BC, Canada based company that has provided marketing and investor relations services for publicly traded companies on the TSX and TSX Venture exchanges since 2006.
Progressive has been retained for a period of one year and will be responsible for building Goldex Resource’s investment audience through the dissemination of corporate data packages, broker presentations, broker communications, mining analyst communications, attending trade shows and handling shareholder enquiries regarding the Company.
Progressive will receive $7,500 (plus HST) per month in remuneration and be reimbursed for all approved expenses. The Company will grant Progressive stock options to acquire 650,000 shares in the capital of the Company with an excise price of $0.10c for 325,000 shares with the remaining 325,000 at $0.15c. The options are granted pursuant to the Company’s Stock Option Plan and will vest in accordance with the provisions therein and the policies of the TSX Venture, which require that options granted to a consultant providing investor relations services must vest in stages over 12 months with no more than one quarter of the options vesting in any three month period.
The agreement and grant of options is subject to TSX Venture approval.

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