KNOXVILLE, TENNESSEE--(Marketwired - March 6, 2014) - Xinergy Ltd., (TSX:XRG) ("Xinergy" or the "Company"), a U.S. Central Appalachian coal producer, announced yesterday's appointment of Joseph Groia to the Board of Directors. With this appointment, the Board is now five members, including three independent directors.
Mr. Groia is the founder and principal of the law firm Groia & Company Professional Corporation, where he practices securities litigation. During his career as a securities litigator Mr. Groia has acted as counsel in many of Canada's most important and high profile securities cases.
Mr. Groia received his B.A. and J.D. from the University of Toronto and was called to the Ontario Bar in 1981. In 1985 he joined the Ontario Securities Commission (OSC) as the associate general counsel responsible for litigation matters, and subsequently, from October 1987 until March 1990, he was the OSC's Director of Enforcement. He joined Heenan Blaikie's Toronto office in 1990, where he practiced corporate and securities litigation as a partner until he founded Groia & Company in 2000.
"We are pleased to welcome Mr. Groia to the Xinergy Board," stated Todd Q. Swanson, Chairman of the Board of Xinergy, "and we look forward to his contributions as we expand and strengthen our Board."
About Xinergy Ltd.
Headquartered in Knoxville, Tennessee, Xinergy Ltd., through its wholly owned subsidiary Xinergy Corp. and its subsidiaries, is engaged in coal mining in West Virginia and Virginia. Xinergy sells high quality thermal and metallurgical coal to electric utilities, steelmakers, energy trading firms and industrial companies. For more information, please visit www.xinergycorp.com.