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Xinergy Appoints Justin A. Converse to Board of Directors



          Xinergy Appoints Justin A. Converse to Board of Directors

PR Newswire

KNOXVILLE, TN, Feb. 25, 2013

Director David Smith has resigned to pursue personal interests

Toronto Stock Exchange: XRG
(All Amounts in $US unless otherwise stated)

KNOXVILLE, TN, Feb. 25, 2013 /PRNewswire/ - Xinergy Ltd., (TSX:XRG) ("Xinergy"
or the "Company"), a US Central Appalachian producer of high quality coal, is
pleased to announce that it has elected Justin A. Converse to its Board of
Directors, to replace director David Smith who has resigned to pursue personal
interests.  The changes maintain the number of independent directors at five
and the Board at seven members.

Mr. Converse is the  Chairman and CEO  of Converse and  Company, Inc., a  full 
service Coal  brokerage that  specializes in  serving Utility  and  Industrial 
customers  in   the  Southeast   region.   The   company  has   managed   over 
$4,000,000,000 worth of coal transactions since 1996.  He is also the Chairman
and CEO of Glasscock and Company, a sand and ready mix company that combines a
bulk freight  hauling  and  handling  business  with  a  ready-mixed  concrete 
operation  and  the  largest  permitted  sand  mine  in  South  Carolina,  and 
Dorchester Dirt Company, a  bulk freight hauling company  with over 70  trucks 
that serves major utility plants and cement producers in South Carolina.

"We are pleased to have an executive with such significant industry experience
as a member of our  Board of Directors," stated  Todd Q. Swanson, Chairman  of 
the Board  of  Xinergy. "Justin's  deep  understanding of  the  coal  markets, 
combined with his long term  relationship marketing Xinergy's coal,  positions 
him well  to add  significant value  to  our Board,  particularly as  we  ramp 
production at our South Fork mid  vol metallurgical mine.  We look forward  to 
his contributions."

David Smith, who has served on the Board since the Company's IPO, has resigned
from  the  Board  to  pursue  personal  interests.   "David  has   contributed 
substantially to  our  Board during  his  tenure, helping  guide  the  Company 
through its growth phase  and the challenging market  environment of the  past 
year" stated Mr. Swanson.  "We thank  him for his commitment and efforts,  and 
wish him well in his future endeavours."

About Xinergy Ltd.

Headquartered in Knoxville, Tennessee, Xinergy Ltd., through its wholly  owned 
subsidiary Xinergy Corp. and  its subsidiaries, is engaged  in coal mining  in 
West  Virginia  and   Virginia.  Xinergy  sells   high  quality  thermal   and 
metallurgical coal to  electric utilities, steelmakers,  energy trading  firms 
and   industrial    companies.   For    more   information,    please    visit 
www.xinergycorp.com.

Cautionary Statements

This press release  contains forward-looking statements  and information  that 
are  based  on  the  beliefs  of  management  and  reflect  Xinergy's  current 
expectations.  When  used  in  this  press  release,  the  words   "estimate", 
"project", "belief",  "anticipate",  "intend",  "expect",  "plan",  "predict", 
"may" or "should" and the negative  of these words or such variations  thereon 
or comparable terminology are intended to identify forward-looking  statements 
and information. The forward-looking statements and information in this  press 
release include information relating to the  effects of the Sale on  Xinergy's 
liquidity, Xinergy's  intended use  of the  net proceeds  from the  Sale,  and 
selected fourth quarter 2012 operating  date. Such statements and  information 
reflect  the  current  view  of  the   Company  with  respect  to  risks   and 
uncertainties that may cause  actual results to  differ materially from  those 
contemplated in those forward-looking statements and information.

By their nature, forward-looking statements  involve known and unknown  risks, 
uncertainties  and  other  factors  which   may  cause  our  actual   results, 
performance  or  achievements,  or  other  future  events,  to  be  materially 
different from any  future results, performance  or achievements expressed  or 
implied by  such  forward-looking  statements.  Such  factors  include,  among 
others, completion of  Xinergy's financial  statements for  fiscal year  2012, 
which may reflect  audit-related adjustments  to the  fourth quarter  selected 
financial data  presented  in  this release,  and  developments  in  Xinergy's 
business which may impact the company's intended use of the net proceeds  from 
the Sale.

The Company  cautions that  the  foregoing list  of  material factors  is  not 
exhaustive.  When  relying   on  Xinergy's   forward-looking  statements   and 
information to make decisions, investors and others should carefully  consider 
the foregoing factors  and other uncertainties  and potential events.  Xinergy 
has assumed a  certain progression,  which may not  be realized.  It has  also 
assumed that the material factors referred  to in the previous paragraph  will 
not cause such forward-looking statements and information to differ materially
from actual results or events. However, the list of factors is not  exhaustive 
and is subject to change and there  can be no assurance that such  assumptions 
will reflect the actual outcome of such items or factors.  Please refer to the
risks outlined in  Xinergy's public  disclosure record available  on SEDAR  at 
www.sedar.com for more details.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE
EXPECTATIONS OF XINERGY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY,
IS SUBJECT  TO  CHANGE  AFTER  SUCH  DATE.  READERS  SHOULD  NOT  PLACE  UNDUE 
IMPORTANCE ON  FORWARD-LOOKING  INFORMATION  AND SHOULD  NOT  RELY  UPON  THIS 
INFORMATION AS OF  ANY OTHER DATE.  WHILE XINERGY  MAY ELECT TO,  IT DOES  NOT 
UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED
IN ACCORDANCE WITH APPLICABLE LAWS.

SOURCE Xinergy Ltd.

Contact:

Matt Goldfarb
Chief Executive Officer

Michael R. Castle
Chief Financial Officer

865-474-7000
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