Mr. Jason Riley reports

BOXXER CORPORATE UPDATE AND NAME CHANGE

Boxxer Gold Corp. will complete its previously announced name change from Boxxer Gold Corp. to ExGen Resources Inc. on Dec. 18, 2014. The name change was approved by the shareholders of the company at the annual and special meeting held on Dec. 10, 2014. The common shares of the company will commence trading on the TSX Venture Exchange under the new name at the opening of trading on Dec. 18, 2014, under the new stock symbol EXG.

Management of the company believes that ExGen Resources, which is derived from exploration generator, is a better reflection of the company's current operations and focus on the joint venture model to secure additional partners across its portfolio of copper projects.

Jason Riley, Boxxer's chief executive officer, stated: "I would like to thank all of our long-term shareholders that have supported the company through these challenging markets. It is always important to focus on the fundamentals of a business and critically so during market dislocations as we have been experiencing in the junior resource space. That is just what we have been doing at Boxxer, and I believe we have achieved a number of significant milestones over the past 12 months. This progress could not have been realized without the tireless efforts of our directors and officers, many of whom have agreed to forego their annual cash compensation for 2014. This sacrifice should not go unnoticed as it is of great benefit to all of us shareholders."

Twelve-month corporate milestone highlights:

• Raised over $1.2-million and much of that at a premium to the company's then-trading price;
• Significantly reduced overhead and burn rate;
• Repositioned the company with a new corporate strategy of pursuing joint venture partners for the company's projects;
• Closed the company's first option to joint venture deal on the DOK project: $6.2-million all-in spend and obligations;
• Nearly $1-million drill program on DOK that was 100 per cent partner financed;
• First two drill holes on DOK confirming a porphyry discovery;
• Renegotiated the payment schedules for all of the company's projects;
• Including restructuring over $1.1-million in payments for Empire and reducing the DOK spend requirement by $2-million;
• Acquired 10-per-cent working interest and the sliding scale royalty in Gordon Lake from Katalyst, consolidating Boxxer's ownership in Gordon Lake to 100 per cent with no royalties.

We seek Safe Harbor.