LEXAM VG GOLD INC T.LEX

NEWS RELEASE

[spazzman]

Standard & Poor's Announces Changes in the S&P/TSX Venture Composite Index
TORONTO, Dec. 31, 2010 (Canada NewsWire via COMTEX News Network) --
Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Friday, December 31, 2010:
-- Lexam Exploration Inc. (TSXVN:LEX) will be removed from the index. The shares of the company have been acquired by VG Gold Corp. pursuant to an Arrangement Agreement.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
About S&P Indices
S&P Indices, a part of McGraw-Hill Financial, is the world's leading index provider maintaining a wide variety of investable and benchmark indices. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely-watched commodities index and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit www.standardandpoors.com/indices.
About McGraw-Hill Financial
McGraw-Hill Financial, a part of The McGraw-Hill Companies (NYSE: MHP), is a leading provider of research and analytical tools for investment advisors, wealth managers and institutional investors. It deploys the latest innovative technology strategies to deliver to customers a portfolio of cross-asset analytics, integrated desktop services, valuation and index benchmarks and investment recommendations in the rapidly growing $16 billion financial information, data and analytics market.
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SOURCE: Standard & Poor's Canadian Index Operations
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