Boxxer Gold Corp. announced that it has signed an arm's length binding share purchase agreement with Konnex Resources Inc. to acquire all of the issued and outstanding shares of Konnex. The board of directors of Konnex has unanimously approved the entering into of the Share Purchase Agreement and have unanimously determined to recommend acceptance of the offer by the holders of Konnex shares.

Upon completion of the acquisition, it is anticipated that Mr. Jason Riley and Mr. Dennis Thomas (both directors of Konnex) will join the board of directors of Boxxer.