ExGen Appoints Dr. Cynthia Li To Its Board

Executive Summary

• ExGen Resources Inc. announced the appointment of Dr. Cynthia Li to its Board of Directors and the resignation of Mr. Kieran Downes, both effective June 1, 2026.
• The changes are subject to TSX Venture Exchange acceptance and represent routine board composition updates without accompanying material operational or financial disclosures.
• Dr. Li's appointment brings specialized expertise in corporate finance, capital markets, and ESG governance to support the company's project acquisition and asset development strategy.

Key Details

• Appointment: Dr. Cynthia (Xin) Li, PhD, CFA, appointed to the Board effective June 1, 2026 (subject to TSX Venture Exchange acceptance).
• Resignation: Mr. Kieran Downes resigned from the Board effective June 1, 2026.
• Dr. Li's Qualifications: Assistant Professor of Finance at Trinity Western University; PhD in Accounting (Simon Fraser University); MSc in Finance (University of British Columbia); CFA Charterholder.
• Professional Background: Prior academic roles preceded by experience in equity research and investment banking, with expertise in financial modeling, capital raising, mergers and acquisitions, and public market analysis.
• Strategic Alignment: Board appointment intended to provide oversight on financial stewardship, stakeholder engagement, and long-term shareholder value creation as the company pursues new projects and advances existing assets.

Notable Quotes

• Jason Riley, President and CEO: “Cynthia’s capital-markets and corporate governance expertise and background will be an invaluable asset to the Company as ExGen continues to acquire new projects and moves forward with its existing assets. We are pleased to welcome her to the Board. On behalf of the Board and our shareholders, I would also like to thank Kieran for all of his years of dedication and tireless efforts as a director of the Company.”