Merrex Gold Inc. ("Merrex" or the "Company") (TSX VENTURE: MXI) announces that the private placement announced June 12, 2008 is withdrawn due to adverse market conditions for equity financings, especially for junior resource companies such as Merrex.

Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. ("Merrex")(TSX VENTURE: MXI) announces that 2008 Phase I diamond drilling is underway at Merrex's Jubilee Zinc-Lead Deposit in Cape Breton, Nova Scotia.

Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc.

By Omhovre, Claire The fact is that the beginning always begins in-between, intermezzo. GILLES DELEUZE AND FLIX GUATTARI, A THOUSAND PLATEAUS.