Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to
announce the arrangement of a new loan facility, and with its co-venturers,
Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and
SunTrust Oil Company Limited provide the following update on Umusadege field
operations. 


Arrangement of US $100 million Secured Term Loan Facility

Mart, through its wholly-owned Nigerian subsidiary, has arranged a US $100
million secured term loan facility with Guaranty Trust Bank PLC with the intent
to finance capital expenditures required for further field development
activities and Mart's ongoing working capital requirements. 


The secured loan facility has a term of five years and bears interest at 90 days
LIBOR plus 4% (floor of 8.25%).


Wade Cherwayko, Chairman & CEO of Mart Resources stated: "Mart is very pleased
to have made this arrangement with Guaranty Trust Bank PLC and anticipates that
the additional flexibility the facility can provide will enable Mart to move
ahead quickly with development and potential growth plans."


March 2013 Production Update

Umusadege field production continues to be shut down due to maintenance being
performed on the export pipeline by the pipeline operator. The pipeline operator
has advised that the maintenance operations are nearing completion, but no exact
date can be given as to when repairs will be completed and production can
re-commence. Mart will provide an update regarding this situation as it
progresses.


Common share dividend

Following previous announcement, Mart is pleased to confirm that a quarterly
dividend of $0.05 per common share will be paid on April 9, 2013 to shareholders
of record at the close of business on March 22, 2013. The ex-dividend date was
March 20, 2013.


Additional information regarding Mart is available on the Company's website at
www.martresources.com and under the Company's profile on SEDAR at www.sedar.com.


INVESTOR RELATIONS:

Investors are also welcome to contact the following investor relations
specialists for all corporate updates and investor inquiries:




FronTier Consulting Ltd.                                                    
Mart toll free # 1-888-875-7485                                             
Email: inquiries@martresources.com                                          



Except where expressly stated otherwise, all production figures set out in this
press release, including bopd, reflect gross Umusadege field production rather
than production attributable to Mart. Mart's share of total gross production
before taxes and royalties from the Umusadege field fluctuates between 82.5%
(before capital cost recovery) and 50% (after capital cost recovery).


Forward-Looking Statements and Risks

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 no place
undue reliance on forward-looking statements contained in this news release. In
particular, there is no assurance when pipeline repairs will be completed and
production can re-commence. The credit facility referenced herein is subject to
finalization of certain credit agreements. There is no assurance that such
agreements will be finalized or that the credit facility referenced herein will
be available in the amounts or at the times requested by the corporation or at
all. 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mart Resources, Inc.
Wade Cherwayko
London, England office # +44 207 351 7937
Wade@martresources.com


Mart Resources, Inc.
Dmitri Tsvetkov
London, England office # +44 207 351 7937
dmitri.tsvetkov@martresources.com


Mart Resources, Inc.
Investor Relations
Toll Free 1-888-875-7485
www.martresources.com
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