MMT Mart Resources

Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") announces that
further to its press release of May 2, 2011, as a result of a delay in the
filing of its 2010 annual financial statements, management's discussion and
analysis and CEO and CFO certificates (collectively, the "2010 Annual Financial
Statements"), the Alberta Securities Commission (the "ASC") in accordance with
its guidelines, has issued a management cease trade order that prohibits,
effective immediately, all trading of the securities of the Company by Wade G.
Cherwayko, Chairman and Chief Executive Officer and Angela Clark, Chief
Financial Officer. The management cease trade order will remain in place until
two full business days following receipt by the ASC of the 2010 Annual Financial
Statements. The Company is working to complete its 2010 Annual Financial
Statements at the earliest possible date and expect to file the 2010 Annual
Financial Statements by May 31, 2011.


Until Mart completes the filing of the 2010 Annual Financial Statements, Mart
will comply with the alternative information guidelines set out in National
Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults for
issuers who have failed to comply with a specified continuous disclosure
requirement within the times prescribed by applicable securities laws. The
guidelines, among other things, require Mart to issue bi-weekly default status
reports by way of a news release so long as the 2010 Annual Financial Statements
have not been filed. 


About Mart Resources:

Mart Resources Inc. is an independent, international petroleum company focused
on drilling, developing and producing oil and gas from 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 Company Ltd. Mart also owns two land
drilling rigs, has strong local relationships and experience and is evaluating
additional proven undeveloped opportunities in Nigeria.


Additional information regarding Mart Resources, Inc. is available on the
company's website at www.martresources.com.


Forward Looking Statements

Certain statements contained in this press release constitute "forward-looking
statements" as such term is used in applicable Canadian and US securities laws.
Any statements that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future
events or are not statements of historical fact and should be viewed as
"forward-looking statements". These statements relate to analyses and other
information that are based upon forecasts of future results, estimates of
amounts not yet determinable and assumptions of management. Such forward looking
statements involve known and unknown 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. 


There can be no assurance that such forward-looking statements will prove to be
accurate as actual results and future events could vary or differ materially
from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements contained in this news release. The
forward-looking statements contained herein are expressly qualified by this
cautionary statement.


Forward-looking statements are made based on management's beliefs, estimates and
opinions on the date the statements are made and the Company undertakes no
obligation to update forward-looking statements and if these beliefs, estimates
and opinions or other circumstances should change, except as required by
applicable law.

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