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Message: Montello NR - New CFO

Montello NR - New CFO

posted on Jun 24, 2009 09:54AM
Tuesday, June 23, 2009 TSX Symbol: MEO
Montello Appoints New CFO, Concludes Executive Search

Calgary, Alberta, June 23, 2009: Montello Resources Ltd. (TSX Venture Exchange Symbol "MEO") ("Montello") is pleased to announce the appointment of Mr. Dennis Petke CA. as Chief Financial Officer. Mr. Petke is qualified as a Chartered Accountant in Canada, and is a member of the Institute of Chartered Accountants of British Columbia (1995).

Currently he serves as a director and/or financial officer for a number of private and public companies. His responsibilities include strategic and overall financial management. Mr. Petke has worked with junior oil and gas companies since December 2003 during which time he has accumulated extensive experience in the area of corporate finance, including negotiating and implementing private and public company mergers, as well as facilitating private placement, preference share, convertible debenture, special warrant and debt financings.

ON BEHALF OF THE BOARD OF DIRECTORS

"Peter C. Brown"

Peter C .Brown
President-CEO-Chairman

Montello Resources Ltd. (TSX-V: MEO), is a Calgary based, publicly traded company listed on the TSX Venture Exchange in Canada. Operations are geographically focussed in Tennessee and Alberta.

Reader Advisory: This news release contains certain forward-looking statements, including management's operations and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Corporation's control. The Corporation's actual results, performance or achievements could differ materially from those expressed in, or implied. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. There can be no assurances that future developments affecting Montello will be those anticipated by management. Furthermore any forward-looking statements contained in this news release are made as at the date of this news release and the Corporation does not undertake any obligation to update publicly or to revise them whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. We Seek Safe Harbor.

"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."

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