Montello Resources Ltd.
TSX VENTURE : MEO

Montello Resources Ltd.

June 09, 2008 13:17 ET

Montello Resources Director Steps Down

CALGARY, ALBERTA--(Marketwire - June 9, 2008) - Montello Resources Ltd. (TSX VENTURE:MEO) wishes to announce that Marc Davis has resigned from the Board of Directors, effective today. The Company wishes to thank Mr. Davis for his services to the Company especially the past two quarters. We wish him all the best in his future endeavours.

The Company has granted 3.5 million options to directors and consultants are a price of $0.10 for a five year term.

About Montello Resources Ltd.

Montello Resources Ltd. (TSX VENTURE:MEO), http://www.montello.com is an emerging, publicly traded company listed on the TSX Venture Exchange in Canada. Montello is pursuing shallow oil and gas opportunities in Northern Alberta, deep high impact drill projects in Southern Alberta, as well as high impact oil and gas exploration in the Tennessee Appalachians.

ON BEHALF OF THE BOARD OF DIRECTORS

William R. (Bill) Cawker, President-CEO

All prospective and current shareholders of Montello Resources are invited to join the company's official investment forum exclusively at Pinnacle Digest: www.pinnacledigest.com. The forum allows for investor controlled discussion, questions and progressive feedback from other shareholders and investors. Third party reports on the company are also available at www.pinnacledigest.com. Please also go to www.sedar.com for a detailed list of all filings.

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

Contact Information