Proceedings

Notice from the
Office of the Secretary
Ontario

Ontario Securities
Commission


20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
Commission des valeurs mobilières de l'Ontario
FOR IMMEDIATE RELEASE

May 23, 2008


IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED

AND

IN THE MATTER OF XI BIOFUELS INC., BIOMAXX SYSTEMS INC., RONALD DAVID
CROWE AND VERNON P. SMITH

AND

IN THE MATTER OF XIIVA HOLDINGS INC. CARRYING ON BUSINESS
AS XIIVA HOLDINGS INC., XI ENERGY COMPANY, XI ENERGY
AND XI BIOFUELS


TORONTO – Following a hearing on May 22, 2008, the Commission ordered that the Temporary Orders are extended to June 13, 2008 and the XI Hearing and the Xiiva Hearing for the extension of the Temporary Orders and the hearing of the Respondents’ Motion are adjourned to June 12, 2008 at 10:30 a.m.

A copy of the Order dated May 22, 2008 is available at www.osc.gov.on.ca.

OFFICE OF THE SECRETARY
JOHN P. STEVENSON
SECRETARY


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