News

Acero-Martin Announces Closing Of Second And Final Tranche Of Private Placement

March 19, 2007

Acero-Martin Exploration Inc. (“Acero” or the “Company”) announces that further to its news releases of February 14, 2007 and March 6, 2007, the Company has now closed the second and final tranche of its private placements. 2,685,000 non brokered units (the “Units”) have been issued at a price of $0.50 per Unit for gross proceeds of $1,342,500. Each Unit consists of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one additional Share at $0.75 per Share for a period of 12 months up to and including March 16, 2008. The Company paid a total of $51,040 in cash for finders’ fees.

All Shares issued pursuant to the second closing of the Company’s private placement, together with any Shares issuable on the exercise of the Warrants have a hold period expiring July 16, 2007.

The Company is now well financed, and will use the proceeds for continued drilling and development activities on the Pinaya gold-copper project and for general working capital purposes.

About AceroMartin Exploration- Inc.
Acero-Martin Exploration Inc. is a Canadian-based mineral exploration and development company with projects in North and South America. The Company is currently focused on developing its flagship Pinaya gold-copper property located in Southern Peru. For additional information please go to http://www.acero-martin.com or http://www.goldmau.com/asd.htm

“Donald Gee”
Donald Gee, President, CEO and Director

For further information contact: Don Currie at (604) 374-2883, Email: info@acero-martin.com or Investor Relations: +1 (800) 884-5269, Email: ryan@acero-martin.com