Acero-Martin Exploration Inc.
TSX VENTURE : ASD
FRANKFURT : AMX

Acero-Martin Exploration Inc.

March 19, 2007 09:30 ET

Acero-Martin Announces Closing of Second and Final Tranche of Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 19, 2007) - Acero-Martin Exploration Inc. ("Acero" or the "Company") (TSX VENTURE:ASD)(FRANFURT:AMX) announces that further to its news releases of February 14, 2007 and March 6, 2007, the Company has now closed the second and final tranche of its private placements. 2,685,000 non brokered units (the "Units") have been issued at a price of $0.50 per Unit for gross proceeds of $1,342,500. Each Unit consists of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional Share at $0.75 per Share for a period of 12 months up to and including March 16, 2008. The Company paid a total of $51,040 in cash for finders' fees.

All Shares issued pursuant to the second closing of the Company's private placement, together with any Shares issuable on the exercise of the Warrants have a hold period expiring July 16, 2007.

The Company is now well financed, and will use the proceeds for continued drilling and development activities on the Pinaya gold-copper project and for general working capital purposes.

About Acero-Martin Exploration Inc.

Acero-Martin Exploration Inc. is a Canadian-based mineral exploration and development company with projects in North and South America. The Company is currently focused on developing its flagship Pinaya gold-copper property located in Southern Peru. For additional information please go to http://www.acero-martin.com or http://www.goldmau.com/asd.htm.

Donald Gee, President, CEO and Director

This news release has been prepared by management. This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or achievements implied by these forward looking statements. We seek safe harbor.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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