Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to
announce that further to its press release of February 11, 2009, it has retained
Research Capital Corporation to act as exclusive financial advisor to review,
evaluate and assist the Company in respect of possible strategic alternatives to
maximize shareholder value in the near term. These strategic alternatives may
include the sale of the Company or its assets (including its oil and natural gas
property interests, drilling rigs and equipment), an amalgamation or
reorganization with a company having a strong capital position, or such other
transaction with the intent of maximizing shareholder value.


Mart's working capital deficiency has increased significantly since it reported
its third quarter financial results. Mart, together with its financial advisor,
is therefore currently endeavoring to raise additional funds to bridge the
Company through to completion of a strategic alternative transaction.


Research Capital is a full service investment dealer with an energy and mining
focus and has been actively working with a wide range of emerging international
oil and gas companies, including a number that are similar in profile and size
to Mart. Parties interested in pursuing a strategic transaction with Mart are
requested to contact P. Gage Jull, Managing Director, Energy Investment Banking
at Research Capital Corporation - Telephone: (416) 860-7614; Cell: (416)
562-7525 or by email: Gage.Jull@Researchcapital.com.


About Mart Resources:

Mart Resources Inc. is an independent, international petroleum company focused
on drilling, developing and producing oil and natural gas from low-risk proven
petroleum properties in Africa. The Company owns two drilling rigs, has strong
local relationships and has formed joint venture partnerships with indigenous
operators in Nigeria. Mart has acquired interests in and begun development of
three onshore Nigerian oil fields. Mart's first oil production commenced in
April 2008 from the Umusadege field. The Company currently has production of
approximately 1950 BOPD from its Umusadege Field and testing of the Company's
most recently completed UMU-5 well also located on the Umusadege Field is
expected to occur in the upcoming week.


Certain statements in this Press Release constitute forward-looking statements
under applicable securities legislation. Such forward-looking statements involve
risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by such forward
looking statements. Forward-looking statements in this press release include but
are not limited to references, whether express or implied, of the ability of the
Company to raise additional bridge funds or to complete a strategic alternative
transaction. This forward-looking information is subject to known and unknown
risks and uncertainties and other factors, which may cause actual results,
levels and timing of activity and achievements to differ materially from those
expressed or implied by such information.
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