Canex Energy Corp. Appoints New CFO

VANCOUVER, BC / ACCESSWIRE / July 14, 2015 / Canex Energy Corp. ("Canex" or "the Company") (TSXV: CSC), announces the appointment of Ryan Cheung, CA, CPA, as Chief Financial Officer of the Company.

Ryan Cheung, CA, CPA, is the founder and managing partner of Midland Chartered Accountants Ltd. in Vancouver, B.C. Leveraging his experience as a former auditor of junior mining and resource companies, Ryan serves as a director and/or officer or consultant for public and private companies providing financial reporting, taxation and strategic guidance. He has been an active member of the Institute of Chartered Accountants of British Columbia since January 2008. Mr. Cheung holds a Diploma in Accounting from the University of British Columbia and a Bachelor of Commerce in International Business from the University of Victoria.

The Company further announces the resignation of Mr. Mark Gelmon as Chief Financial Officer of the Company. The Company thanks Mr. Gelmon for his services and wishes him the best in the future with his other endeavors.


About Canex Energy Corp. (TSXV: CSC)

Canex Energy Corp. is a Canadian-based resource company focused on uranium in Saskatchewan's Athabasca Basin - one of the world's largest sources of high-grade uranium. The company has a joint venture with Fission 3.0 Corp. (TSXV-FUU) (http://fission3corp.com/) to explore the Clearwater West property at which Fission's award-winning technical team will be the Operator. Canex also has a large, strategically located property at Lorne Lake and three newly acquired uranium properties in the Athabasca Basin along with a gold/copper project in British Columbia.


For further information:

Visit www.canexenergy.com / email info@canexenergy.com
Contact: Brian Biles, Director
Phone: 1.604.687.7742
E-mail: brian@canexenergy.com



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.

This news release includes certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, statements that address the timing and content of upcoming work programs, geological interpretations, receipt of property titles and exploitation activities and developments. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks, including the ability of the Company to raise the funds necessary to fund the option earn-in on the Clearwater West property and, accordingly, may not occur as described herein or at all. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Readers are referred to the Company's filings with the Canadian securities regulators for information on these and other risk factors, available at www.sedar.com. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

SOURCE: Canex Energy Corp.