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Message: From MEO's website

From MEO's website

posted on Jun 05, 2009 10:52PM

looks like the Powerpoint presentation is/was under review and hopefully will be posted soon,,



Calgary, Alberta, June 5, 2009: Montello Resources Ltd. (TSX Venture Exchange Symbol "MEO") ("Montello") is pleased to provide an update to the cease trade order ("CTO") status imposed upon the company. Montello had previously indicated that the "CTO" had been revoked by the Alberta Securities Commission and BC Securities Commission however, in accordance with TSX Venture Exchange (the "Exchange") Policy a further review of the Company was undertaken by the Exchange before allowing trading to reopen.

Montello has addressed the Exchange's questions and has been advised that the shares of the Company are scheduled for reinstatement effective the opening Monday, June 8, 2009.

A result of this process has been the delay in producing any new material for the webpage as discussed at the AGM held on April 30, 2009. A powepoint presentation outlining the Company's plans for the future has been under review by the Board of Directors and Counsel prior to its release.

Montello's management additionally will provide a President's Message as soon as possible.

In addition, further to the Company's press release dated April 24, 2009, for clarification purposes, the total shares issued of 7,900,000, represents the issuance of 7,550,000 common shares issued and 350,000 flow through shares.

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