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Boxxer Gold Corp.

03:52 PM EST - Boxxer Gold Corp. : announced today that it has signed a non-binding letter of intent with Konnex Resources Inc. to acquire all of the issued and outstanding shares of Konnex. Konnex is a private Canadian metals exploration company that seeks to identify and acquire undervalued projects located in low risk jurisdictions. Konnex has a highly experienced board and management team with collectively over 100 years of experience in exploration, development, mine management, and project sourcing worldwide. As of May 31, Konnex had net current liabilities of $316,048 and 9,160,000 shares outstanding. Boxxer Gold Corp. shares V.BXX are trading unchanged at $0.04.