BULLETIN TYPE: Cease Trade Order

BULLETIN DATE: January 29, 2010

TSX Venture Tier 1 Company

A Cease Trade Order has been issued by the Alberta Securities Commission on
January 29, 2010, against the following Company for failing to file the
documents indicated within the required time period:




                                                                    Period
                                                                    Ending
Symbol   Company                  Failure to File                   (Y/M/D)
("MEO")  Montello Resources Ltd.  Annual audited financial        09/07/31
                                   statements
                                  Annual management discussion    09/07/31
                                   & analysis
                                  Certification of annual         09/07/31
                                   filings



Upon revocation of the Cease Trade Order, the Company's shares will remain
suspended until the Company meets TSX Venture Exchange requirements. Members are
prohibited from trading in the securities of the company during the period of
the suspension or until further notice.


TSX-X

Montello Resources Ltd (Tier2) (TSXV:MEO)
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