CALGARY, AB–(April 15, 2015) –
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
ExGen Resources Inc. (EXG:CA) (BXXRF) (the “Company“, or “ExGen“) is pleased to announce the appointment of Mr. Mark Swartout to the board of directors of ExGen. Jason Riley, the President and CEO of ExGen stated, “We are extremely pleased to bring Mark Swartout onto our Board of Directors. His years of experience running various companies in the financial sector will be invaluable to ExGen as we pursue our joint venture and royalty strategy.”
Mr. Swartout has acted in an advisory capacity and has been a director of several companies. He also previously served on the Board of Directors of Legal Aid Saskatchewan. Mr. Swartout brings with him over 25 years of experience in the financial services sector and is President of a large insurance company operating across Western Canada and the Northern Territories. Mr. Swartout has been involved in the junior resource sector as an active investor in numerous private and public junior resource companies.
ExGen also announces that Mr. Elmer Stewart has resigned as a director and officer of the Company. Mr. Stewart was a founding director of the Company and formerly the CEO of the Company until May 2014. Jason Riley, the President and CEO of ExGen commented, “On behalf of ExGen and all its shareholders, we want to thank Elmer for all of his years of dedication and work as a director and officer of the company. We wish Elmer all the best in his future endeavours.”
About ExGen Resources Inc.
ExGen Resources Inc., formerly Boxxer Gold Corp, is a project incubator with a strategy to aggregate projects during the current market downturn and then fund exploration through joint ventures and partnership agreements. This approach significantly reduces the technical and financial risks for ExGen, while maintaining the upside exposure to new discoveries and potential cash flow. ExGen intends to build a diverse portfolio of projects across exploration stages and various commodity groups. ExGen currently has 6 projects in Canada and the US.
For more information on ExGen please visit our website at http://exgresources.com or contact ExGen Resources Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
President and Chief Executive Officer
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer