XGEN Ventures Inc.

October 27, 2005 16:35 ET

Lamerac Financial Corp. Sells Holdings In Xgen

TORONTO, ONTARIO--(CCNMatthews - Oct. 27, 2005) - Xgen Ventures Inc. (TSX VENTURE:XGN.H) (the "Company") announced today that Lamerac Financial Corp. has sold 2.0 million common shares to a number of arm's length investors, at a price of $0.10 per share.

Issued Capital: 4,031,750 Common Shares

Neither the TSX Venture Exchange nor any securities regulatory authority has approved or disapproved of this news release.

Contact Information

  • Xgen Ventures Inc.
    Dan Amadori
    (416) 644-4361