Exgen Resources Inc. Announces David Yancie Resigns as Director

NEWS RELEASE

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES

FOR IMMEDIATE RELEASE – July 31, 2017

EXGEN RESOURCES INC. ANNOUNCES DAVID YANCIE RESIGNS AS DIRECTOR

Vancouver, BC: ExGen Resources Inc. (TSX.V: EXG / OTC: BXXRF) (“ ExGen” or the

“Company”) announces that Mr. David Yancie has resigned as a director of the Company in order to

focus his efforts on finalizing retirement from the daily operations of his large agricultural business. Mr.

Yancie has been a director of the Company since July 2009. Jason Riley, the President and CEO of

ExGen commented, “On behalf of the board and our shareholders, I would like to thank David for all of

his years of dedication and tireless efforts as a director of the company.”

About ExGen Resources Inc.

ExGen Resources Inc., formerly Boxxer Gold Corp, is a project accelerator that seeks to fund

exploration and development of our pro jects through joint ventures and partnership agreements . This

approach significantly reduces the technical and financial risks for ExGen, while maintaining the upside

exposure to new discoveries and potential cash flow. A fully partner funded PFS is curre ntly underway

for ExGen’s flagship asset, the Cu/Au Empire Mine in Idaho. ExGen intends to build a diverse portfolio

of projects across exploration stages and various commodity groups. ExGen currently has 6 projects in

Canada and the US.

For more information on ExGen please visit our website at http://exgresources.com or contact ExGen

Resources Inc.

Jason Tong

Chief Financial Officer

Email: [email protected]

Neither the 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.