Mart Resources, Inc.
TSX VENTURE : MMT

Mart Resources, Inc.

September 23, 2010 08:30 ET

Mart Appoints New Independent Director

CALGARY, ALBERTA--(Marketwire - Sept. 23, 2010) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Corporation") is pleased to announce the appointment of Mr. Paul A. Crilly, C.A. of Calgary, Alberta to the Corporation's Board of Directors. Mr. Crilly will also chair Mart's audit committee.

Mr. Crilly has over 18 years of management and capital markets experience in the energy industry, most recently as President and CEO of Norex Exploration Services Inc., a TSX-listed seismic acquisition company. Norex was merged in 2010 with a larger international services company. Under Mr. Crilly's leadership, Norex grew from an Alberta based TSX Venture-listed business to become Canada's largest publically-listed seismic acquisition company with operations across Canada and the United States. Mr. Crilly previously held positions with oil and gas services companies operating in Russia, South America and Europe with hands-on responsibilities for finance and taxation within these regions.

Mr. Crilly, who is a Chartered Accountant and holds a Bachelor of Commerce degree from the University of Saskatchewan, is currently a director of Tesla Exploration Ltd., a TSX-listed company with significant international operations, including Africa, as well as Xact Downhole Telemetry Ltd., a private drilling technology company.

The Corporation also announces that it has granted stock options to purchase up to 750,000 common shares of the Corporation to Mr. Crilly. The options have an exercise price of $0.35 per common share and expire on September 23, 2015.

ABOUT MART RESOURCES:

Mart Resources, Inc. is an independent, international petroleum company focused on drilling, developing and producing oil and gas from low-risk proven petroleum properties in Nigeria, West Africa. The Company is currently producing and developing the Umusadege field with Midwestern Oil and Gas Co. Ltd and SunTrust Oil Ltd. Mart also owns two land drilling rigs, has strong local relationships and is evaluating additional proven undeveloped opportunities in Nigeria.

NEITHER THE 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 THE RELEASE.

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