News ReleaseX-TERRA RESOURCES COMMENTS ON RECENT MARKET ACTIVITY
Rouyn-Noranda, Québec, September� 4, 2012 –� X-Terra Resources Corporation (TSXV: XT), at the request of the Investment Industry Regulatory Organization of Canada (IIROC), on behalf of the TSX Venture Exchange, has issued this press release to confirm that it is not aware of any material undisclosed development that would account for the increase in its stock price or volume of shares traded on Friday,� August� 31, 2012.
X-Terra constantly evaluates opportunities to increase shareholder value but has not recently signed any agreement with a third party. At such time, if any, as X-Terra enters into a binding agreement, it will disseminate a press release in accordance with applicable securities law and the policies of the TSX Venture Exchange.�
About X-Terra ResourcesX-Terra is a resource corporation focused on acquiring and exploring energy properties in Canada. X-Terra has 11,783,069 shares issued and outstanding, a cash position of $2.5 million and an investment of 2,000,000 shares of Brownstone Energy Inc. which represents, in total, $0.25 per share.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact: Martin Dallaire, President and Chief Executive Officer
Telephone: 819-762-0609, Fax: 819-762-0097
Email:
info@xterraresources.comWebsite:
www.xterraresources.com
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X-Terra Resources Corporation
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EXPLORATION STAGE |
CODE : XT.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
X-Terra Res. is a oil and natural gas exploration company based in Canada. X-Terra Res. holds various exploration projects in Canada and in Mexico. Its main exploration properties are MERIDIAN, ATITOKAN WEST and BIG BULK / VMS in Canada and G & R in Mexico. X-Terra Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.4 millions as of today (US$ 2.2 millions, € 1.6 millions). Its stock quote reached its highest recent level on June 13, 2008 at CA$ 3.00, and its lowest recent point on July 19, 2013 at CA$ 0.09. X-Terra Res. has 11 780 000 shares outstanding. |