ERROR: Activation Context generation failed at the end of trace file, with NO previous ERROR

Question

I have used sxstrace.exe and so far the tool has been very useful.

But now it says, at the end, that there is an error, with no previous errors in the trace...

How can I debug my problem?

=================
Begin Activation Context Generation.
Input Parameter:
    Flags = 0
    ProcessorArchitecture = Wow32
    CultureFallBacks = en-US;en
    ManifestPath = C:\XXXXX\testregfree\Desktop Agent\CtxtRun.exe
    AssemblyDirectory = C:\XXXXX\testregfree\Desktop Agent\
    Application Config File = 
-----------------
INFO: Parsing Manifest File C:\XXXXX\testregfree\Desktop Agent\CtxtRun.exe.
    INFO: Manifest Definition Identity is (null).
    INFO: Reference: XsScrSite,processorArchitecture="x86",type="win32",version="1.0.0.0"
    INFO: Reference: XsWrkMng2,processorArchitecture="x86",type="win32",version="1.0.0.0"
    INFO: Reference: Microsoft.Windows.Common-Controls,language="*",processorArchitecture="x86",publicKeyToken="6595b64144ccf1df",type="win32",version="6.0.0.0"
INFO: Resolving reference XsScrSite,processorArchitecture="x86",type="win32",version="1.0.0.0".
    INFO: Resolving reference for ProcessorArchitecture WOW64.
        INFO: Resolving reference for culture Neutral.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Did not find manifest for culture Neutral.
            INFO: End assembly probing.
    INFO: Resolving reference for ProcessorArchitecture x86.
        INFO: Resolving reference for culture Neutral.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Attempt to probe manifest at C:\XXXXX\testregfree\Desktop Agent\XsScrSite.DLL.
                INFO: Attempt to probe manifest at C:\XXXXX\testregfree\Desktop Agent\XsScrSite.MANIFEST.
                INFO: Manifest found at C:\XXXXX\testregfree\Desktop Agent\XsScrSite.MANIFEST.
            INFO: End assembly probing.
INFO: Resolving reference XsScrSite.mui,language="*",processorArchitecture="x86",type="win32",version="1.0.0.0".
    INFO: Resolving reference for ProcessorArchitecture WOW64.
        INFO: Resolving reference for culture en-US.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Did not find manifest for culture en-US.
            INFO: End assembly probing.
        INFO: Resolving reference for culture en.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Did not find manifest for culture en.
            INFO: End assembly probing.
    INFO: Resolving reference for ProcessorArchitecture x86.
        INFO: Resolving reference for culture en-US.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Did not find manifest for culture en-US.
            INFO: End assembly probing.
        INFO: Resolving reference for culture en.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Did not find manifest for culture en.
            INFO: End assembly probing.
INFO: Resolving reference XsWrkMng2,processorArchitecture="x86",type="win32",version="1.0.0.0".
    INFO: Resolving reference for ProcessorArchitecture WOW64.
        INFO: Resolving reference for culture Neutral.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Did not find manifest for culture Neutral.
            INFO: End assembly probing.
    INFO: Resolving reference for ProcessorArchitecture x86.
        INFO: Resolving reference for culture Neutral.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Attempt to probe manifest at C:\XXXXX\testregfree\Desktop Agent\XsWrkMng2.DLL.
                INFO: Attempt to probe manifest at C:\XXXXX\testregfree\Desktop Agent\XsWrkMng2.MANIFEST.
                INFO: Manifest found at C:\XXXXX\testregfree\Desktop Agent\XsWrkMng2.MANIFEST.
            INFO: End assembly probing.
INFO: Resolving reference XsWrkMng2.mui,language="*",processorArchitecture="x86",type="win32",version="1.0.0.0".
    INFO: Resolving reference for ProcessorArchitecture WOW64.
        INFO: Resolving reference for culture en-US.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Did not find manifest for culture en-US.
            INFO: End assembly probing.
        INFO: Resolving reference for culture en.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Did not find manifest for culture en.
            INFO: End assembly probing.
    INFO: Resolving reference for ProcessorArchitecture x86.
        INFO: Resolving reference for culture en-US.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Did not find manifest for culture en-US.
            INFO: End assembly probing.
        INFO: Resolving reference for culture en.
            INFO: Applying Binding Policy.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Did not find manifest for culture en.
            INFO: End assembly probing.
INFO: Resolving reference Microsoft.Windows.Common-Controls,language="*",processorArchitecture="x86",publicKeyToken="6595b64144ccf1df",type="win32",version="6.0.0.0".
    INFO: Resolving reference for ProcessorArchitecture WOW64.
        INFO: Resolving reference for culture en-US.
            INFO: Applying Binding Policy.
                INFO: No publisher policy found.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls\6.0.0.0_en-US_6595b64144ccf1df\Microsoft.Windows.Common-Controls.DLL.
                INFO: Did not find manifest for culture en-US.
            INFO: End assembly probing.
        INFO: Resolving reference for culture en.
            INFO: Applying Binding Policy.
                INFO: No publisher policy found.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls\6.0.0.0_en_6595b64144ccf1df\Microsoft.Windows.Common-Controls.DLL.
                INFO: Did not find manifest for culture en.
            INFO: End assembly probing.
        INFO: Resolving reference for culture Neutral.
            INFO: Applying Binding Policy.
                INFO: No publisher policy found.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls\6.0.0.0__6595b64144ccf1df\Microsoft.Windows.Common-Controls.DLL.
                INFO: Did not find manifest for culture Neutral.
            INFO: End assembly probing.
    INFO: Resolving reference for ProcessorArchitecture x86.
        INFO: Resolving reference for culture en-US.
            INFO: Applying Binding Policy.
                INFO: No publisher policy found.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls\6.0.0.0_en-US_6595b64144ccf1df\Microsoft.Windows.Common-Controls.DLL.
                INFO: Did not find manifest for culture en-US.
            INFO: End assembly probing.
        INFO: Resolving reference for culture en.
            INFO: Applying Binding Policy.
                INFO: No publisher policy found.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls\6.0.0.0_en_6595b64144ccf1df\Microsoft.Windows.Common-Controls.DLL.
                INFO: Did not find manifest for culture en.
            INFO: End assembly probing.
        INFO: Resolving reference for culture Neutral.
            INFO: Applying Binding Policy.
                INFO: Auto Servicing Policy redirected assembly version.
                INFO: Post policy assembly identity is Microsoft.Windows.Common-Controls,processorArchitecture="x86",publicKeyToken="6595b64144ccf1df",type="win32",version="6.0.19041.1110".
            INFO: Begin assembly probing.
                INFO: Attempt to probe manifest at C:\Windows\WinSxS\manifests\x86_microsoft.windows.common-controls_6595b64144ccf1df_6.0.19041.1110_none_a8625c1886757984.manifest.
                INFO: Manifest found at C:\Windows\WinSxS\manifests\x86_microsoft.windows.common-controls_6595b64144ccf1df_6.0.19041.1110_none_a8625c1886757984.manifest.
            INFO: End assembly probing.
INFO: Resolving reference Microsoft.Windows.Common-Controls.mui,language="*",processorArchitecture="x86",publicKeyToken="6595b64144ccf1df",type="win32",version="6.0.19041.1110".
    INFO: Resolving reference for ProcessorArchitecture WOW64.
        INFO: Resolving reference for culture en-US.
            INFO: Applying Binding Policy.
                INFO: No publisher policy found.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls.mui\6.0.19041.1110_en-US_6595b64144ccf1df\Microsoft.Windows.Common-Controls.mui.DLL.
                INFO: Did not find manifest for culture en-US.
            INFO: End assembly probing.
        INFO: Resolving reference for culture en.
            INFO: Applying Binding Policy.
                INFO: No publisher policy found.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls.mui\6.0.19041.1110_en_6595b64144ccf1df\Microsoft.Windows.Common-Controls.mui.DLL.
                INFO: Did not find manifest for culture en.
            INFO: End assembly probing.
    INFO: Resolving reference for ProcessorArchitecture x86.
        INFO: Resolving reference for culture en-US.
            INFO: Applying Binding Policy.
                INFO: No publisher policy found.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls.mui\6.0.19041.1110_en-US_6595b64144ccf1df\Microsoft.Windows.Common-Controls.mui.DLL.
                INFO: Did not find manifest for culture en-US.
            INFO: End assembly probing.
        INFO: Resolving reference for culture en.
            INFO: Applying Binding Policy.
                INFO: No publisher policy found.
                INFO: No binding policy redirect found.
            INFO: Begin assembly probing.
                INFO: Did not find the assembly in WinSxS.
                INFO: Attempt to probe manifest at C:\Windows\assembly\GAC_32\Microsoft.Windows.Common-Controls.mui\6.0.19041.1110_en_6595b64144ccf1df\Microsoft.Windows.Common-Controls.mui.DLL.
                INFO: Did not find manifest for culture en.
            INFO: End assembly probing.
INFO: Parsing Manifest File C:\XXXXX\testregfree\Desktop Agent\XsScrSite.MANIFEST.
    INFO: Manifest Definition Identity is XsScrSite,processorArchitecture="x86",type="win32",version="1.0.0.0".
INFO: Parsing Manifest File C:\XXXXX\testregfree\Desktop Agent\XsWrkMng2.MANIFEST.
    INFO: Manifest Definition Identity is XsWrkMng2,processorArchitecture="x86",type="win32",version="1.0.0.0".
ERROR: Activation Context generation failed.
End Activation Context Generation.

UPDATE: result of mt -inputresource:CtxtRun.exe -out:extracted.manifest:

<?xml version="1.0" encoding="UTF-8" standalone="yes"?>
<assembly xmlns="urn:schemas-microsoft-com:asm.v1"
          manifestVersion="1.0">
    <dependency>
        <dependentAssembly>
            <assemblyIdentity name="XsScrSite"
                              type="win32"
                              version="1.0.0.0"
                              processorArchitecture="x86"/>
        </dependentAssembly>
    </dependency>
    <dependency>
        <dependentAssembly>
            <assemblyIdentity name="XsWrkMng2"
                              type="win32"
                              version="1.0.0.0"
                              processorArchitecture="x86"/>
        </dependentAssembly>
    </dependency>
    <dependency>
        <dependentAssembly>
            <assemblyIdentity type="win32"
                              name="Microsoft.Windows.Common-Controls"
                              version="6.0.0.0"
                              processorArchitecture="x86"
                              publicKeyToken="6595b64144ccf1df"
                              language="*"/>
        </dependentAssembly>
    </dependency>
    <trustInfo xmlns="urn:schemas-microsoft-com:asm.v3">
        <security>
            <requestedPrivileges>
                <requestedExecutionLevel level="asInvoker"
                                         uiAccess="false"/>
            </requestedPrivileges>
        </security>
    </trustInfo>
    <application xmlns="urn:schemas-microsoft-com:asm.v3">
        <windowsSettings>
            <dpiAware xmlns="http://schemas.microsoft.com/SMI/2005/WindowsSettings">true</dpiAware>
        </windowsSettings>
    </application>
</assembly>