CB Resources Ltd consolidates its common shares and changes its name to "Next Gen Metals Inc"

    Trading Symbols:
    Germany: WKN A0HHDC/
    ISIN CA14987A1057

    VANCOUVER, Aug. 17 /CNW/ - The Company wishes to announce that effective
August 20th, 2009, it will consolidate its existing capital on the basis of
seven and one half (7.5) current CB Resources Ltd common shares for one (1)
new common share of Next Gen Metals Inc. In conjunction with the
consolidation, the Company has changed its name from "CB Resources Ltd." to
"Next GenMetals Inc.
    The Company's common shares will commence trading under its new name on
the Canadian National Stock Exchange ("CNSX") August 18th, 2009, with an
effective date of August 20th. The new trading symbol will be "N". The name
change and consolidation were approved by the Board of Directors of the
Company on August 12, 2009.
    The Company wishes to announce also that in agreement with Mr. Dieter
Peter, 4,200,000 outstanding Warrants convertible into one share at $0.05 have
been cancelled.

    The CNSX has not reviewed, and does not accept responsibility for the
    adequacy or accuracy of the contents of this news release

For further information:

For further information: Dieter Peter, President & CEO, Telephone: (604)
669-2414; Pamela Keck, Investor Relations Coordinator, Telephone (dir): (604)

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CB Resources Ltd.

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