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Xemplar Energy raises $6.07-million, acquires Namura

Xemplar Energy Corp. has closed a private placement for the sale of 17,344,429 units at 35 cents per unit, for a total of $6,070,550.15. Each unit consists of one common share of the company and one share purchase warrant having a one-year term for the purchase of one further common share of the company at the exercise price of 47 cents per share. These shares are subject to a four-month hold period expiring Sept. 26, 2006.

The company also announces that, further to its news release in Stockwatch on March 22, 2006, the company has closed its transaction with the shareholders of Namura Mineral Resources (Proprietary) Ltd. to acquire a 100-per-cent interest in the capital stock of Namura. The Company has issued six million shares at a deemed price of 23 cents per share. In respect of any shares issued or issuable pursuant to the foregoing securities, a hold period with an expiry date of Sept. 26, 2006, applies.

Xemplar Energy Corp.

Craig Walker
Director


The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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