Kinetex Resources Waves Goodbye to CFO

Kinetex Resources announced that the Company's Chief Financial Officer, Robert D. Ashauer, has resigned from the Company. Mr. Ashauer indicated that he has no disagreements with management.

The Company's intention is to identify a CFO who, in addition to having solid financial & operational experience, also possesses skills that are aligned with the current needs of Kinetex. The company will conduct a global search for a suitable candidate with exceptional caliber to fill the CFO position.

The Board of Directors of the Company thanks Mr. Ashauer for his contributions and dedicated service and wishes him well.

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