Palladon Ventures Ltd.
TSX VENTURE : PLL
FRANKFURT : PV-1

Palladon Ventures Ltd.

March 25, 2009 17:05 ET

Palladon Announces Shareholder Update Call

SALT LAKE CITY, UTAH--(Marketwire - March 25, 2009) - Palladon Ventures Ltd. ("Palladon" or the "Company") (TSX VENTURE:PLL)(FRANKFURT:PV-1) through its wholly-owned subsidiary, Palladon Iron Corporation, announces that the Company will host a Shareholder Conference Call on Monday, March 30, 2009 at 12:00 p.m. Eastern Standard Time (9:00 a.m. Pacific Standard Time).

Palladon Interim CEO, John W. Cutler, will provide a corporate update and will answer questions from shareholders that have been sent to info@palladonventures.com. We request that members of the financial community send questions to info@palladonventures.com in advance of the conference call. We will use our best efforts to respond to all questions during the call.

To participate in the call, please dial the following numbers:

416-641-6143 (Toronto) / 877-470-1052 (Toll-Free North America)

Instant Replay:

Dial-in 416-695-5800 (Toronto) / 800-408-3053 (Toll-Free North America)

Pass code: 6518521

On Behalf of the Board of Directors,

John W. Cutler, Interim Chief Executive Officer and Director

About Palladon

Palladon Ventures Ltd. is a junior resource company focused on building production facilities at the Comstock/Mountain Lion iron mine in Iron County, Utah. Palladon also holds gold exploration projects in Nevada, Utah and Argentina.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of the company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) a downturn in general economic conditions in North America and internationally, (2) the inherent uncertainties and speculative nature associated with mineral exploration and production, (3) a decreased demand for minerals, (4) any number of events or causes which may delay or cease exploration and development of the Company's property interests, such as environmental liabilities, weather, mechanical failures, safety concerns and labour problems; (5) the risk that the Company does not execute its business plan, (6) inability to retain key employees, (7) inability to finance operations and growth, (8) other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release and, except as required by law, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.

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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