The TSX Venture Exchange has accepted for filing an earn-in agreement dated Sept. 12, 2011, between Monument Mining Ltd., its wholly owned Malaysian subsidiary, Damar Consolidated Exploration Sdn. Bhd., and Emas Kehidupan Sdn. Bhd., Kesit Pty. Ltd., Zackry Bin Mohamed Iwaz, Goldfield Assets Sdn. Bhd. and Himpunan Suci Sdn. Bhd., whereby the company will acquire up to a 70-per-cent interest in the Mersing gold project, comprising 633 acres located in Malaysia.

Upon paying $500,000 and issuing 1.5 million shares, the company will have earned a 49-per-cent interest in the project. Upon paying $1.5-million or issuing 2.5 million shares and having incurred $2-million in work expenditures within a two-year period, the company will have earned a 70-per-cent interest in the project.

The company may acquire an additional 30-per-cent interest (for a total 100-per-cent interest) in the Mersing gold project by paying cash or issuing shares of the issuer based on an independent valuation of such 30-per-cent interest. Such acquisition, including the issuance of any further shares, is subject to further and separate exchange approval.