Nachrichten

New Director Appointed and Incentive Stock Options Granted

Mr. Arthur Gordon-Tydd reports

Xemplar Energy Corp. has appointed Mike Magrum, PEng, to the board of directors. Mr. Magrum is a geological engineer with extensive uranium experience covering most of the uranium-bearing Proterozoic basins in Canada. He is a graduate of the Haileybury School of Mines and the University of Alaska. Mr. Magrum was part of the technical team that assembled JNR Resources' very successful Athabasca basin uranium landholdings. He also served as a director of Seabridge Gold, which acquired a major gold property portfolio containing a multimillion-ounce gold resource. He, along with the rest of the company's experienced board, will continue to form an aggressive technical team to direct the corporations' acquisitions and exploration for uranium deposits.

Henry R. Hollett has resigned as a director of the company and the board thanks him for his valuable contribution.

The company also wishes to announce the granting of incentive stock option for a total of 700,000 shares at a price of 30 cents per share. These options will have an exercise term of five years.

Go back to the previous page