TSX Venture Exchange Cease Trade Order

VANCOUVER, Aug. 6 /CNW/ -

    
    BULLETIN TYPE: Cease Trade Order
    BULLETIN DATE: August 5, 2010
    NEX Company
    

A Cease Trade Order has been issued by the Alberta Securities Commission on August 5 2010, against the following Company for failing to file the documents indicated within the required time period:

    
                                                                Period Ending
    Symbol     Company             Failure to File                    (Y/M/D)

    ("XGN.H")  Xgen Ventures Inc.  annual audited financial          10/03/31
                                    statement
                                   annual management's               10/03/31
                                    discussion & analysis
                                   certification of annual           10/03/31
                                    filings
    

Upon revocation of the Cease Trade Order, the Company's shares will remain suspended until the Company meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.

TSX-X

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