NFX

Maximus Ventures Ltd. ("Maximus") (TSX VENTURE:MXV) and NFX Gold Inc. ("NFX")
(TSX VENTURE:NFX) are pleased to announce that Maximus has completed its earn-in
of a 60% interest in the Cheminis, Bear Lake and Fernland projects and a 45%
interest in the Barber Larder project, which together comprise the Larder Lake
Gold Project located in northeastern Ontario. NFX retains a 40% and 55%
interest, respectively, in these projects.


"The vesting by Maximus of its ownership in the Larder Lake Gold Project was a
crucial step leading to the decision to combine NFX and Maximus" said Francois
Viens, President and CEO of Maximus.


Larder Lake Gold Project

The Larder Lake Gold Project covers a seven-kilometer strike length of the
Cadillac-Larder Lake break, a prolific gold-bearing structure.  The Larder Lake
Gold Project lies two kilometers west of the former Kerr Addison Mine, a world
class past producer of approximately 11 million ounces of gold between 1938 and
1996. In 2007, Maximus discovered a significant new zone of gold mineralization
at Bear Lake, where drill holes intercepted significant gold mineralization of
both the "flow" and "carbonate" types, the former being the major host of gold
at the Kerr-Addison Mine. In 2008, Maximus continues an aggressive 43,000 meter
drill program started in 2007, designed to expand the Bear Lake mineralized zone
and to explore additional promising targets along strike.  Three diamond drills
are currently active at the Bear Lake project.


Under the terms of the option agreement between Maximus and NFX, Maximus had the
right to earn a 60% interest in NFX's 100% interest in the Cheminis, Bear Lake
and Fernland projects and its then 75% interest in the Barber Larder project by
incurring a total of $6 million in exploration expenditures by December 31,
2008. This expenditure requirement was met as of June 30, 2008. NFX has reviewed
and approved Maximus' expenditure obligations.


NFX-Maximus Merger

As announced on June 13 and July 29, 2008, Maximus and NFX have entered into a
definitive arrangement agreement providing for the acquisition by NFX of all
outstanding common shares of Maximus (the "Business Combination") in
consideration of which each shareholder of Maximus will receive one (1) common
share of NFX pursuant to a plan of arrangement under the Business Corporations
Act (British Columbia) (the "Arrangement"). Currently, Maximus has approximately
74 million common shares issued and outstanding while NFX has approximately 53
million common shares issued and outstanding. Based on the one for one share
exchange ratio, the Maximus and NFX shareholders will own approximately 58% and
42%, respectively, of the combined common shares outstanding. The Arrangement
must be approved by two-thirds of the votes cast by shareholders present and
voting at the special meeting of Maximus shareholders called to consider the
Arrangement.


"The combined company will be larger and better positioned to exploit the
tremendous upside potential of the Larder Lake Gold Project", Mr. Viens added.


NFX will hold a special meeting (the "NFX Meeting") of its shareholders to
consider, among other things, the issuance of the shares to the Maximus
shareholders as consideration for the Arrangement and a two (2) for one (1)
consolidation of the common shares of NFX following the closing of the
Arrangement (the "Share Consolidation"), subject to the board of directors'
discretionary authority to implement the Share Consolidation. Upon the closing
of the Business Combination, approximately 127,966,114 common shares of NFX will
be issued and outstanding, with a further 17,860,466 common shares reserved for
issuance upon exercise of outstanding options and warrants. Assuming completion
of the Share Consolidation, the number of common shares of NFX outstanding at
such time will be half the number of such outstanding common shares immediately
prior to the Share Consolidation. The Share Consolidation is subject to the
approval of the TSX Venture Exchange and of two-thirds of the votes cast by
shareholders present and voting at the NFX Meeting.


Maximus and NFX currently expect to hold their respective shareholder meetings
on September 11, 2008 and to close the transaction on or about September 16,
2008.


The completion of the Business Combination is subject to the approval of the
Supreme Court of British Columbia, the TSX Venture Exchange and all applicable
regulatory authorities, and is further subject to other customary conditions set
out in the arrangement agreement.


Forward-looking Statements

This news release contains certain "forward-looking statements". All statements,
other than statements of historical fact, that address activities, events or
developments that Maximus and NFX believes, expects or anticipates will or may
occur in the future, are forward-looking statements. These forward-looking
statements reflect the current internal projections, expectations or beliefs of
management of Maximus and NFX based on information currently available to them.
Forward-looking statements are subject to a number of known and unknown risks
and uncertainties beyond Maximus and NFX's control including uncertainties
related to the completion of the proposed business combination, potential
mineralization, exploration results, completion of work program, and
availability of equipment necessary for the drilling program and future plans
and objectives of the companies.  Resource exploration, development and
operations are highly speculative, characterized by a number of significant
risks, which even a combination of careful evaluation, experience and knowledge
may not eliminate, including, among other things, unprofitable efforts resulting
not only from the failure to discover mineral resources but from finding mineral
deposits which, though present, are insufficient in quantity and quality to
return a profit from production. There can be no assurance that such statements
will prove to be accurate and actual results could differ materially from those
suggested by these forward-looking statements for various reasons discussed from
time to time in filings made by the companies with securities regulatory
authorities. All forward-looking statements herein are qualified by this
cautionary statement. Accordingly, readers should not place undue reliance on
forward-looking statements. Maximus and NFX undertakes no obligation to update
publicly or otherwise revise any forward-looking statements, except as may be
required by law.

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