Ravannack appointed as CEO of Goldex Resources

    VANCOUVER, Oct. 10 /CNW/ - Goldex Resources Corporation (TSX-V: GDX)
(G6T - FSE) Goldex Resources appoints James Ravannack as CEO.
    James Ravannack is both an exceptional businessman and entrepreneur. In
1989 Mr. Ravannack co-founded Superior Well Services which in 1995 performed a
reverse merger with the NASDAQ Stock Exchange to create Superior Energy.
Superior Energy is the leading provider of services and equipment to the oil
and gas industry in the Gulf of Mexico and currently trades on the New York
Stock Exchange. Superior has grown from an initial public offering to having a
presence on six continents. Currently Mr. Ravannack is the President and CEO
of the Compliance Technology Group, a company that provides software solutions
to the offshore petroleum industry.
    James Ravannack has been both a director and shareholder of Goldex since
December 2003. Mr. Ravannack would like to see the company move forward with a
more aggressive plan for growth in the future.

    The TSX Venture Exchange has neither approved nor disapproved the
    contents hereof and does not accept responsibility for the adequacy or
    accuracy of this release.

For further information:

For further information: Jay Friesen, Manager, Corporate Development;
Melissa Pelto, Corporate Communications, Tel. (604) 669-4300, Email:
melissa@goldex.ca; Goldex's web site can be accessed at www.goldex.ca

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