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Announces Name Change to AM Gold Inc. and Changes to Board of Directors

June 7, 2010

Acero-Martin Exploration Inc. (TSX-V: AMG; Frankfurt: AMX) (“Acero-Martin” or the “Company”) is pleased to announce that further to news released on May 20, 2010, the Company has changed its name to AM Gold Inc effective June 8, 2010. There is no consolidation of capital.

Effective at the opening June 8, 2010, Acero-Martin Exploration Inc. will commence trading on the TSX Venture Exchange under the name AM Gold Inc.

Issued Capital: 37,561,732 common shares.; Escrow: Nil; Transfer agent: Computershare Trust Company of Canada

Symbol: AMG (unchanged); CUSIP No.: 001705102 (new); ISIN No.: 0017051024 (new)

The Company also wishes to announce that Mr. Gerald M Aberle has been appointed to the Company’s Board of Directors replacing Winston Wong.

Mr. Aberle graduated in 1980 from South Dakota School of Mines and Technology with a Bachelor of Science Degree in Mining Engineering and has over 30 years of experience in the minerals industry, including 22 years with Homestake Mining Company at the Homestake Gold Mine at Lead, South Dakota. Mr. Aberle’s mining background includes extensive engineering, operations management and project management experience.

Over the past 11 years, Mr. Aberle has consulted in the mining, underground construction and minerals exploration business for clients including Homestake Mining Co – Barrick Gold, the State of South Dakota and the University of Washington in connection with the planning and development of the National Science Foundation’s National Deep Underground Science and Engineering Laboratory. In addition, Mr. Aberle has more than 15 years of private business experience in the United States, primarily in the land development and construction industries.

The Company would like to thank Mr. Wong for the valuable insights and experience he made available to the Company during his tenure as a Board member.

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents.

On behalf of the Board:

“Michael C. Scholz”
Michael C. Scholz
Chairman and Director

For further information on the Company, please contact Bruce Korhonen at 604-633-2442 or by e-mail at , or visit our website http://www.acero-martin.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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