Mart Resources, Inc.
TSX VENTURE : MMT

Mart Resources, Inc.

February 16, 2011 09:41 ET

Mart Resources Achieves Ranking in TSX Venture 50 for 2011

CALGARY, ALBERTA--(Marketwire - Feb. 16, 2011) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to announce that it has been recognized by the TSX Venture Exchange as one of the TSX Venture 50 companies in 2011.

The TSX Venture 50® are the top 10 companies listed on the TSX Venture Exchange in each of five major industry sectors – mining, oil & gas, technology & life sciences, diversified industries and clean technology – based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data analysed was as of December 31, 2010.

Wade Cherwayko, Chief Executive Officer of Mart commented "We are very honoured that Mart has been included in the TSX Venture 50® and recognized as one of the leading companies in Canada's public venture market."

ABOUT MART RESOURCES:

Mart 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 along with Midwestern Oil and Gas Co. Plc (the Operator of the field) and SunTrust Oil Ltd. Mart also owns two land drilling rigs, has strong local relationships and experience and is evaluating additional proven undeveloped opportunities in Nigeria.

Mart Resources, Inc. was recognized as a TSX Venture 50® company in 2011. TSX Venture 50 is a trade-mark of TSX Inc. and is used under license.

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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