Exgen Resources Inc.TSXV: EXG

Boxxer announces corporate update

CALGARY, July 31 /CNW/ - Boxxer Gold Corp (TSXV - BXX) is pleased to announce subject to the approval of the TSX Venture Exchange, the appointment of Mr. John Maslanyk as Vice President and Chief Information Officer of the Corporation, and Mr. David Yancie as a Director of the Corporation.

Mr. Elmer Stewart, President and CEO of Boxxer stated, "We are pleased to have John and David join our team. These additions will help the corporation activities as we continue the exploration of the Boss copper-gold and the Gordon Lake gold Projects."

Mr. John Maslanyk, in his new position, will be responsible for shareholder communications for the Corporation. Mr. Maslanyk has a Bachelor's degree from the University of Winnipeg and enjoyed a successful ten-year career in the investment industry with T.D. Waterhouse, Union Securities Ltd. and Raymond James Ltd. covering a broad range of investments.

Mr. David Yancie has acted in an advisory capacity; has been a director of several companies; and has co-ordinated and established markets to sell products and commodities internationally. Mr. Yancie owns and operates a large agricultural business in southern Alberta and brings many years of solid business experience to the Corporation along with a broad knowledge of the financial sector. Mr. Yancie has been involved in the junior resource business for a number of years and is a shareholder of the Corporation.

About Boxxer Gold Corp

Boxxer Gold is a Canadian junior resource company involved in the exploration of three copper-gold projects in the state of Nevada, and a shear hosted medium to high grade gold project north of Yellowknife NWT, Canada.

Neither 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.

Forward-Looking Statements: This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. 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. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

%SEDAR: 00019646E