Xemplar Energy Corp. / Miscellaneous/Miscellaneous

29.02.2008

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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XEMPLAR ENERGY CORP. ANNOUNCES $10,002,000 BOUGHT DEAL FINANCING

Xemplar Energy Corp. (TSX-Venture: XE, Frankfurt: E7R, Namibia: XEM) has
arranged a bought-deal private placement with Canaccord Capital Corp. of
3,334,000 units at a price of $3 per unit for gross proceeds of
$10,002,000. A unit will consist of one common share and one-half of one
common share purchase warrant. Each whole warrant will entitle the holder
to subscribe for one additional common share at a price of $4 for a period
of 24 months from the date of closing.
As consideration to the underwriter, Xemplar has agreed to pay a commission
of 7 per cent of the total proceeds raised upon closing and issue
underwriter warrants equal to 7 per cent of the units issued pursuant to
this offering.
The company has also granted the underwriters an overallotment option to
increase the offering by up to 1,667,000 units ($5,001,000), exercisable 48
hours prior to closing.
The company intends to use the net proceeds from the offering to advance
the company's mineral projects in Namibia and for general working capital
purposes.

On behalf of the Board of Directors,
W. G. McDowall
President and CEO
Xemplar Energy Corp.


Value Relations GmbH
U.thomas@vrir.de
T:+49 069 959246-17


29.02.2008 Financial News transmitted by DGAP

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