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Olive Resource Capital Inc. 
Listed Company 

X-TERRA RESOURCES CORPORATION ("XT")
[formerly Canadian Empire Exploration Corp. ("CXP")]
BULLETIN TYPE: Name Change and Consolidation
BULLETIN DATE: February 22, 2007
TSX Venture Tier 2 Company

Pursuant to a resolutions passed by shareholders May 29, 2006 and January 15, 2007, the Company has consolidated its capital on a 10 old for 1 new basis. The name of the Company has also been changed as follows.

Effective at the opening February 23, 2007, the common shares of X-Terra Resources Corporation will commence trading on TSX Venture Exchange, and the common shares of Canadian Empire Exploration Corp. will be delisted. The Company is classified as a 'Mining (non Oil and Gas) Exploration and Development' company.

Post - Consolidation
Capitalization: Unlimited shares with no par value of which
3,921,136 shares are issued and outstanding
Escrow: Nil

Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: XT (new)
CUSIP Number: 98386Y 10 3 (new)

TSX-X
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