Alexandria Minerals Corporation and Murgor Resources have entered into an agreement in which Alexandria will acquire all of the outstanding common shares of Murgor by way of a plan of arrangement under the Canada Business Corporations Act.  Murgor Resources is a mineral exploration and development company focused on gold and copper exploration in Canada.  It owns a one hundred percent interest in two gold-copper deposits in the Snow Lake and Flin Flon mining districts, the Wim project 16 kilometers south of Snow Lake and the Hudvam project 47 kilometers northeast of Flin Flon.

Murgor President and CEO Andre Tessier says they believe the enlarged Alexandria gold and copper exploration and development company will have a greater market visibility and penetration allowing the company to move forward with more certainty for the development of the quality assets in its portfolio.