Media Advisory - It's time to open doors for Calgary's Drop-In & Rehab Centre

Fundraising effort to eliminate mortgage at Sundial affordable housing facility

$14.8 million raised, $3.7 million to go

Notice to editors - please note upcoming event

CALGARY, May 7, 2012 /CNW/ - Nexen Inc. in partnership with The Calgary Drop-In & Rehab Centre (The DI), is hosting an evening to raise awareness and the funding needed to eliminate The DI's mortgage on the Sundial facility. The Sundial includes 119 units - 81 one-bedroom and 38 two-bedroom units - that provide affordable housing to low income Calgarians.

The DI purchased the Sundial in 2009 to help break the cycle of poverty and open doors to a better future. Since then, with the help of a $7 million down payment from the Alberta government, and the generous support of Calgary organizations - Nexen Inc., Enbridge, RBC Foundation, Canadian Oil Sands, Boardwalk Trust, Mother Teresa Endowment Fund, Newalta Corp, Trimac and Canadian Western Bank, among others - more than $14.8 million has been raised. This leaves $3.7 million to be raised for the Sundial to pay off its mortgage. Eliminating the mortgage will enable The DI to fund services and counseling that enable independent living.

Media are invited to attend and learn more about the Sundial, the people who live there and the fundraising effort.

SOURCE Nexen Inc.