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Abstract
(Marketwire - Dec. 21, 2009) - ALEXIS MINERALS CORPORATION (TSX:AMC) ("Alexis" or the "Company") and GARSON GOLD CORP. (TSX VENTURE:GG) ("Garson Gold") are pleased to announce that Alexis has been successful in its bid (the "Offer") to acquire Garson Gold Corp. ("Garson Gold") . A total of 149,408,011 common shares of Garson Gold were tendered to the Offer. This result represents overwhelming support for the Offer. Garson Gold shareholders who tendered to the offer will receive 0.29 of an Alexis common share for each Garson Gold common share tendered.
Alexis Minerals Corporation is a Canadian mining company listed on the Toronto Stock Exchange (symbol "AMC"). The Company owns one producing gold mine in Val d'Or and the right to earn a 100% interest in the Lac Pelletier gold property in Rouyn-Noranda where an underground bulk sampling and exploration program is ongoing. Alexis undertakes exploration in the mineral rich Val d'Or (100% ownership of 212 sq. km.) and Rouyn-Noranda Mining Camps (50% ownership of 785 sq. km and in joint venture with Xstrata Copper). The acquisition of Garson Gold Corp. will give Alexis a third project area located in the very prospective Snow Lake Mining Camp in Manitoba. Alexis will complete a feasibility study of the New Britannia Mine in 2010 as well as exploration across the properties. Anticipated mine development programs in Snow Lake will allow Alexis to grow gold production and achieve mid-tier gold production by 2011. Further information about Alexis Minerals can be found at its website: www.alexisminerals.com.