Xplore Resources Corp. announced that, effective immediately, Mr. David Patterson has resigned from the Board of Directors. Also, effective immediately, Mr. David Walters, MBA, has agreed to join the Board of Directors.

Mr. Walters is a Managing Director at Ensign Capital, a Canadian registered Exempt Market Dealer, and is a Director at Steep Hill. He previously managed the WATT Energy Limited Partnerships, has held Director positions at publicly-listed Bird River Resources, Vast Exploration, and Stetson Oil &Gas and has served as the Chief Executive Officer of Longford Energy. Mr. Walters received an undergraduate engineering degree from the Royal Military College of Canada and an MBA from the University of Western Ontario.