Kingsmill Capital Ventures Inc. announces resignation of director

    BURLINGTON, ON, Aug. 28 /CNW/ - Kingsmill Capital Ventures Inc.
("Kingsmill") (KCV.P-TSX VENTURE) wishes to announce that Christopher Carl has
resigned as a member of the Company's Board of Directors effective August
21st, 2008.
    Mr Carl advised the company that due to the overwhelming demands on his
time as President and Chief Executive Officer of BioExx Extraction Inc
("BioExx") he would be unable to devote the time to Kingsmill that he believes
is required of him.
    Mr David Mitchell, President and CEO of Kingsmill stated "We would like
to thank Mr Carl for his advice and experience as a contributing member of our
Board of Directors and can certainly appreciate and understand the demands and
time commitments inherent in running a growing public company such as BioExx.
On behalf of the board we wish him well in his future endeavours".

    The TSX Venture Exchange Inc. has in no way passed upon the merits of the
    proposed transaction and has neither approved nor disapproved the
    contents of this press release.

For further information:

For further information: David Mitchell, President, (905) 336-9996

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