Issue of Equity

LSE Announcement 8 June 2007 Monto Minerals Limited (the 'Company') Issue of Equity The Company has today issued 85,254,625 fully paid ordinary shares ('Shares') as part of the shareholder approved funding package comprising the placement of Shares and convertible notes. Application has been made to the AIM Market of the London Stock Exchange ('AIM') for the Shares to be admitted to trading on AIM ('Admission'). Admission is expected to occur at 8.00am on 11 June 2007. Following this issue, the Company has 320,362,711 Shares in issue with 320,362,711 voting rights. Enquiries to: Geoffrey Moore Monto Minerals Ltd +61 (0)7 3034 3100 Richard Brown Ambrian Partners Limited 020 7776 6400 ---END OF MESSAGE---