XE

Xemplar Energy Corp. (the "Company") (TSX
VENTURE:XE)(FRANKFURT:E7R)(NAMIBIA:XEM) is pleased to announce that the
Company's shareholders (the "Shareholders") approved the Company's previously
announced change of business ("COB") transaction at the special meeting of
Shareholders convened on August 15, 2012.


Pursuant to the COB, the Company will acquire inventory and certain land,
machinery and equipment used for the growing, harvesting, sale and exporting of
pecan crops in southwest Texas (the "Acquisition"). The Acquisition is expected
to be completed on or about August 29, 2012.


Trading of the shares of the Company remain halted and will be reinstated upon
receipt by the TSX Venture Exchange of satisfactory documentation to effect a
resumption of trading.


Further information regarding the Acquisition and the COB can be found in the
Company's management information circular dated July 20, 2012, a copy of which
has been filed by the Company on The System for Electronic Document Analysis and
Retrieval (SEDAR) and will be available under the Company's profile at
www.sedar.com.


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


On behalf of the Board of Directors of

XEMPLAR ENERGY CORP.

William F. Harley III, President and Director

Certain statements contained in this press release may include forward-looking
information with respect to the Company's operations and future financial
results. Such statements are based on current expectations, are subject to a
number of uncertainties and risks, and actual results may differ materially from
those contained in such statements. Further information can be found in the
disclosure documents filed by the Company at www.sedar.com.

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