X-Terra Resources Corporation
TSX VENTURE : XT

X-Terra Resources Corporation

May 09, 2007 09:00 ET

X-Terra Resources Corporation: Exchange Accepts Filing Of The Villedieu Property Agreement

VANCOUVER, BRITISH COLUMBIA—-(Marketwire – May 9, 2007) –

THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

X-Terra Resources Corporation (TSX VENTURE:XT) (the "Company") is pleased to announce that the TSX-Venture Exchange (the "Exchange") has accepted for filing the agreement to acquire a 100% interest in 5 unpatented mining claims located in Villedieu Township, Quebec in consideration for the issuance to the vendors of a total of 550,000 common shares in the capital of the Company (the "Shares").
The Company is proceeding to close the acquisition on May 10, 2007, with the issuance of the Shares to the vendors. The Shares will be subject to Exchange and Multilateral Instrument 45-102 hold periods expiring on September 11, 2007.

BY THE ORDER OF THE BOARD OF DIRECTORS

John S. Brock President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or the adequacy of this press release.

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