X-Terra Resources Corporation

X-Terra Resources Corporation

February 15, 2007 09:00 ET

Canadian Empire Exploration Corp. Announces Name Change And Share Consolidation

VANCOUVER, BRITISH COLUMBIA—-(Marketwire – Feb. 15, 2007) - Canadian Empire Exploration Corp. (the "Company") announces that, effective Friday, February 23, 2007, its name will be changed to "X-Terra Resources Corporation" and its common shares will be consolidated on a 10:1 basis. Any resulting fractional shares will be rounded down to the nearest whole common share. The Company's new trading symbol on the TSX-V will be "XT".

The Company anticipates mailing Letters of Transmittal to registered shareholders on February 23, 2007. Shareholders holding their shares in street form should contact Computershare Investor Services Inc. (by telephone: toll-free 1-800-564-6253 or by mail: Computershare Investor Services Inc., 100 University Ave., 9th Floor, North Tower, Toronto, Ontario M5J 2Y1) or their bank or stockbroker to arrange for the exchange of their share certificates on the basis of one common share of X-Terra Resources Corporation for every ten common shares of Canadian Empire Exploration Corp. held.

Wayne J. Roberts, Vice-President, Exploration

Contact Information

  • Canadian Empire Exploration Corp.
    Blaine Monaghan
    Manager, Investor Relations
    (604) 687-4951 or Toll-Free: 1-800-403-2988
    Email: ir@badgerandco.com