egX applies to the Québec Autorité des Marchés Financiers

    Trading Symbol: GFG - TSX Venture

    VANCOUVER, Aug. 16 /CNW/ - egX Group is pleased to report that it has
filed an application with the Québec Autorité des Marchés Financiers (AMF) to
operate egX Canada as a securities exchange in Québec. egX Group has been in
discussions with the AMF and looks forward to introducing new opportunities to
the Québec financial, real estate and investor communities.
    On March 14, 2007, the British Columbia Securities Commission recognized
egX Canada as an exchange under section 24 of the Securities Act (British
Columbia). In June 2007, egX Group filed an application with the Ontario
Securities Commission.
    Mary Wong, President egX Canada says, "Québec is an important market.
This application is another important step towards our goal of bringing new
and innovative real estate securities to the Canadian marketplace."

    About egX Group

    egX Group is developing the egX, a global securities marketplace designed
for the listing and trading of real estate securities and related financial
products. The Company is preparing to launch its first marketplace in Canada
under egX Canada, a wholly-owned subsidiary of egX Group. To achieve global
presence and to penetrate international markets under the egX brand, egX Group
is partnering with interested parties established in the key international
financial centers in Europe, the Middle East, the Asia-Pacific region, and the
    For additional information, visit us at, contact the
Company at 604-681-7210, or review the most recent Annual Information Form
filed on SEDAR at We also invite you to read the Company's
business plan made available on the front page of our website.

    On behalf of the Board of Directors

    "Leo Chamberland"

    Leo Chamberland, Director

    The TSX Venture Exchange has neither approved nor disapproved the
    information contained herein

    %SEDAR: 00008146E

For further information:

For further information: regarding this release contact: Robert Hudson,
Manager, Regulatory Affairs, egX Group Inc., Tel: (604) 622-1013, e-mail:

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