ExGen Resources Inc. Announces David Yancie Resigns as Director

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, July31, 2017(GLOBE NEWSWIRE) -- 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 projects 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 currently 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.

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.

For more information on ExGen please contact ExGen Resources Inc.

Jason Tong
Chief Financial Officer
Email: jason@catapultgroup.ca