VANCOUVER, British Columbia, October 14, 2025 (GLOBE NEWSWIRE) — ExGen Resource Inc. (TSX.V: Exg; OTC: BXXRF) (“ExGen“, “Company“”) wishes to provide shareholders with an update regarding the impact of the Canadian Postal Workers Union strike on the Company's ability to meet its obligations to deliver proxy materials to shareholders in relation to the Company's annual general and special meeting of shareholders, which is scheduled for November 14, 2025 at 11:00 a.m. Moscow time (“”Meeting“).
As a result of the strike and pursuant to CSA Joint General Order 51-932. Temporary exemption from the requirements of National Instrument 51-102, Continuous Disclosure Obligations, and National Instrument 54-101, Communications with Beneficial Owners of Securities of a Reporting Issuer to Send Certain Proxy-Related Materials During a Postal Strike. (“General order“), the Company advises shareholders that:
ABOUT EXGEN RESOURCES INC.
ExGen is a project accelerator that aims to fund the exploration and development of our projects through joint ventures and partnership agreements. This approach significantly reduces technical and financial risks for ExGen while maintaining the opportunity for growth through new discoveries and cash flow potential. ExGen intends to create a diverse portfolio of projects at different stages of exploration and various product groups. ExGen currently has 7 projects in Canada and the USA.
For more information about ExGen, contact:
ExGen Resource Inc.
Jason Tong
Financial Director
E-mail: [email protected]
Mobile: 604-889-7827.
Neither the TSX Venture Exchange nor its regulation Services Supplier (How What term is definite V policies of the TSX Venture Exchange) accepts responsibility for the adequacy and accuracy of this release.
Forward-Looking Information: This press release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information is subject to various risks and uncertainties. In particular, this press release contains forward-looking information regarding the Meeting, including the date of the Meeting. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. This forward-looking information reflects ExGen's current beliefs and is based on information currently available to ExGen and assumptions that ExGen believes to be reasonable. These assumptions include, but are not limited to: ExGen's ability to conduct the Meeting as currently scheduled. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause ExGen's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; capital market conditions and market prices for securities; actual results of current developments or operating activities; competition; changes in project parameters as plans are further refined; lack of insurance; delay or failure to obtain board or regulatory approvals; changes in legislation, including environmental regulations, affecting ExGen; timing and availability of external financing on acceptable terms; conclusions of economic assessments; and shortages of skilled, skilled labor or loss of key personnel. A description of other risk factors that could cause actual results to differ materially from forward-looking information can be found in ExGen's disclosure documents on SEDAR+ at www.sedarplus.ca. ExGen does not undertake to update any forward-looking information except as required by applicable securities laws.
