Xcite Resources Inc. Appoints Gary Economo to the Board of Directors
XCITE RESOURCES INC. APPOINTS GARY ECONOMO TO THE
BOARD OF DIRECTORS
Vancouver, British Columbia, September 25 , 2023 – XCITE RESOURCES INC. (“Xcite” or the
“Company”)(CSE: XRI) is pleased to announce the appointment of Mr. Gary Economo to the board of
directors of the Company, effective immediately. Mr. Economo was appointed CEO of the Company on
August 1, 2023. In conjunction with Mr. Economo’s appointment, the board of directors has granted Mr
Economo 500,000 stock options at a price of $0.10 per share for a period of five years.
About Xcite Resources Inc.
Xcite Resources Inc. is a mineral exploration company focused on its Turgeon Lake Property, located in
the Province of Québec. For further information, please refer to the Company's disclosure record on
SEDAR+ (www.sedarplus.ca) or contact the Company by telephone at 613-899-8521.
On Behalf of the Board of Directors
Chris Cooper
Chair
Forward-Looking Information
Certain statements in this news release are forward -looking statements, including with respect to future
plans, and other matters. Forward-looking statements consist of statements that are not purely historical,
including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such
information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”,
“estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may
prove to be incorrect. Events or circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company, including but not limited to, business, economic and capital
market conditions, the ability to manage operating expenses, and dependence on key personnel. Such
statements and information are based on numerous assumptions regarding prese nt and future business
strategies and the environment in which the Company will operate in the future, anticipated costs, and the
ability to achieve goals. Factors that could cause the actual results to differ materially from those in
forward-looking statements include, the continued availability of capital and financing, litigation, failure
of counterparties to perform their contractual obligations, loss of key employees and consultants, and
general economic, market or business conditions. Forward- looking statements contained in this news
release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue
reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release.
Except as required by law, the Company disclaims any intention and assumes no obligation to update or
revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The CSE has not reviewed, approved or disapproved the contents of this news release.