Xemplar Energy Corp. is a Canadian company engaged in the acquisition, exploration and development of mineral properties. The Company has mineral interest holdings located in Canada and Namibia. By an agreement dated July 7, 2005, the Company acquired a 100% interest in the Corhill uranium-gold-platinum property located north northwest of Yellowknife, Northwest Territories. The Corhill property comprises 18 mineral claims and covers 30,628 acres. In July 2006, the Company farmed out 70% interest of the Corhill Property to Garuda Capital Corp. (Garuda). In June 2007, the Company and Garuda entered into an initial agreement to transfer the Corhill property rights to Canadian Uranium Corp. (CUC), a subsidiary of the Company. It has acquired a 100% interest in the Otish Uranium property located north of St-Jean, Otish Basin of Quebec. Through its subsidiary, Namura Mineral Resources (Pty) Ltd., the Company also has interest in uranium properties, located in Namibia.(Source: ARS)
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