XGEN Ventures Inc.

March 30, 2006 13:51 ET

XGEN Announces Appointment of Gerald Chipeur Q.C. to Advisory Board

TORONTO, ONTARIO--(CCNMatthews - March 30, 2006) - XGEN Ventures Inc. (NEX:XGN.H)("the Company") is pleased to announce the appointment of Gerald D. Chipeur Q.C., a prominent lawyer and businessman, to the Advisory Board of the Company, effective as of this date.

Mr. Chipeur is the founding partner of Chipeur Advocates of Calgary, a firm specializing in legal representation and governmental advocacy. Mr. Chipeur has extensive experience within the business community and political milieu throughout North America that will provide valuable assistance and guidance to the Advisory Board of the Company.

Forward-Looking Statements

Certain statements contained in this press release may constitute forward-looking statements reflect the Company's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including among other things, those which are discussed under the heads "Risk Factors" and elsewhere in documents that the Company files from time to time with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company does not intend and does not assume any obligation, to update these forward-looking statements.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

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

Contact Information

  • XGEN Ventures Inc.
    Rod MacKenzie
    Managing Director
    (403) 852-6767
    XGEN Ventures Inc.
    Dan Amadori
    (416) 644-4361