XGEN Ventures Inc.

October 09, 2009 16:35 ET

XGEN Reports Appointment of New Director

TORONTO, ONTARIO--(Marketwire - Oct. 9, 2009) - The Board of Directors of XGEN Ventures Inc. ("the Company" or "XGEN")(NEX BOARD:XGN.H) announces the appointment of Dale W. Fedorchuk to the Board of Directors of the Company effective October 8, 2009.

Mr. Fedorchuk, a resident of Canmore, AB, is a practicing Barrister and Solicitor, licensed in the Provinces of Alberta and Manitoba, with extensive experience and expertise within the legal system. Additionally, as a businessman, Mr. Fedorchuk has interests and acumen in a broad range of undertakings in Western Canada. His knowledge and experience will be valuable to the Company, as XGEN seeks further growth to its assets in Western Canada.

XGEN (NEX BOARD:XGN.H) is an explorer, producer, processor and operator of wellsites and facilities within the Peace River Arch area of the Western Canada Sedimentary Basin, with core assets located in the Montag region of northwestern Alberta.

Forward-Looking Statements:

Information provided herein contains forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by the Company at the time of preparation, may prove to be incorrect. Actual results achieved may vary from the information provided and the variations may be material. There is no representation by the Company that actual results achieved will be the same in whole or in part as those indicated in the forward-looking statements.

Neither 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.

Contact Information

  • XGEN Ventures Inc.
    Rod J. MacKenzie
    Managing Director