Canex Energy Corp. announced that effective immediately, Messrs. Sherman Dahl and David Sidoo have joined the Board of Directors.

Mr. Dahl has also been appointed as President and CEO. Messrs. Peter Wilson and Geoffrey Carter have resigned from the Board.

Mr. Dahl has expertise in identifying undervalued companies and introducing these opportunities to his buy side network of clients, strategic co investors and marketing participants. Mr. David Sidoo is a successful businessman based in Vancouver where he oversees a successful private investment banking and financial management firm.