Money4Gold and My Gold Envelope Complete Merger of Equals

BOCA RATON, Fla.--(Business Wire)--
Money4Gold Holdings, Inc. (OTCBB: MFGD) today announced that it has acquired a
leading competitor, MGE Enterprises Corporation d/b/a My Gold Envelope, through
a share exchange with the privately-held Wyoming corporation`s shareholders.
Money4Gold, which has approximately 81,000,000 shares of common stock and
11,900,000 shares of convertible preferred stock outstanding, has issued
74,876,432 shares to My Gold Envelope`s shareholders. My Gold Envelope provides
Money4Gold with the ability to reach a broader number of consumers through their
experience in television advertising, direct response, and retail distribution
and sales.

In accordance with the closing, Hakan Koyuncu resigned as Money4Gold`s Chief
Executive Officer and was appointed President of Money4Gold and Chief Executive
Officer of its international operations. Additionally, Daniel Brauser resigned
as President but remains Chief Financial Officer of Money4Gold. Douglas
Feirstein and Todd Oretsky, both of My Gold Envelope, have been appointed Chief
Executive Officer and Chief Operating Officer of Money4Gold, respectively.
Money4Gold`s Board of Directors has been expanded giving My Gold Envelope three
designees on Money4Gold`s Board of Directors. The Board of Directors now
consists of Hakan Koyuncu, Daniel Brauser, Scott Frohman, Jason Rubin, Neil
McDermott, and Messrs. Feirstein and Oretsky who were appointed as My Gold
Envelope`s designees. Messrs. Oretsky and Feirstein have entered into three-year
employment agreements containing terms similar to those in the employment
agreements of Messrs. Koyuncu and Brauser, which have been extended so that all
four agreements expire May 5, 2012.

According to Daniel Brauser, "We are excited to have Doug Feirstein and Todd
Oretsky join our management team. We believe we now have the management depth
and expertise necessary for our planned future growth. With our ability and
experience of reaching consumers on the Internet and My Gold Envelope`s strength
doing the same through multi-language television advertising along with a retail
store presence, we view this as a win/win for both parties that will enable the
combined entity to expand rapidly with an increase in revenues, decrease in
costs and ultimately profitability."

Doug Feirstein of My Gold Envelope added, "In its first year of operations,
Money4Gold has grown significantly and has demonstrated an online marketing
expertise. With its proprietary platform, coupled with its international
exposure and direct relationship with one of the nation`s largest precious
metals refineries, we are excited to be joining Money4Gold."

About Money4Gold Holdings, Inc.

The Company`s mission is to increase shareholder value by producing gold,
platinum and silver in increasing quantity, and without the risks of mining,
large capital costs or the attendant environmental and political hazards.
Management believes Money4Gold can offer the upside potential of the thriving
international precious metals markets by the broad-scale acquisition, recycling
and production of gold, platinum and silver, while concurrently providing a new
level of service and payout to individuals and groups wanting to sell their
precious metals. Through Money4Gold`s consumer websites, including;
www.Dollars4Gold.com, www.Dollars4Gold.ca and www.money4golduk.com, the company
strives to provide the most convenient, efficient and secure method for
individuals to recycle items containing precious metals. For more corporate
information, please visit www.Money4Gold.com.

About My Gold Envelope

My Gold Envelope (mygoldenvelope.com and sobredeoro.com) is a leading national
buyer of gold through multi language television advertising and online marketing
in the continental United States and Puerto Rico. My Gold Envelope strives to
provide its customers with the largest cash payment for broken or scrap jewelry
in a secure, innovative and convenient way. Management has extensive experience
in creating and growing businesses that provide shareholder value in a broad
array of industries, including national retail distribution and sales, direct
response, internet marketing and finance.

Safe Harbor

This press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 (the "Act") including increases
in revenues, decreases in cost, reaching profitability and our planned future
growth. Additionally, words such as "seek," "intend," "believe," "plan,"
"estimate," "expect," "anticipate" and other similar expressions are
forward-looking statements within the meaning of the Act. Some or all of the
events or results anticipated by these forward-looking statements may not occur.
Factors that could cause or contribute to such differences include the impact of
competition, the future prices of gold and other precious metals, future
economic conditions, and the condition of the global credit and capital markets
and any issues that may arise in integrating the two companies. Further
information on Money4Gold`s risk factors is contained in its filings with the
Securities and Exchange Commission, including the Form 10-K filed on April 15,
2009. Money4Gold does not undertake any duty nor does it intend to update the
results of these forward-looking statements.

Money4Gold Holdings, Inc.
Daniel Brauser, 561-544-2447
Chief Financial Officer
dan@money4gold.com

Copyright Business Wire 2009