From Feb. 29, 2008 (a year ago...just so there's no confusion)

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Xemplar Energy Corp. Announces $10,002,000 Bought Deal Financing
/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES/

VANCOUVER, Feb. 29 /CNW/ - Xemplar Energy Corp. (XE:V - Frankfurt: E7R -
Namibia: XEM) is pleased to announce a bought deal private placement with
Canaccord Capital Corporation (the "Underwriter") of 3,334,000 Units (the
"Units") at a price of $3.00 per Unit for gross proceeds of $10,002,000 (the
"Offering"). A Unit will consist of one common share and one-half of one
common share purchase warrant (a "Warrant"). Each whole warrant will entitle
the holder to subscribe for one additional common share at a price of $4.00
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% of the total proceed raised upon closing and issue
underwriter's warrants ("Underwriter's Warrants") equal to 7% of the Units
issued pursuant to this Offering.
The Company has also granted the Underwriters an over-allotment 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.