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*Merrex Gold Inc. 
Listed Company 

MERREX GOLD INC. ("MXI")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: November 23, 2015
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 21,473,838 shares to settle outstanding debt for $3,299,062 (US$2,481,244).

Number of Creditors: 1 Creditor

Insider / Pro Group Participation:

Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
IAMGOLD Corporation Y $3,299,062 $0.154 21,473,838

The Company shall issue a news release when the shares are issued and the debt extinguished.
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