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Acero-Martin Announces Non-Brokered Private Placement

October 12, 2007

Acero-Martin Exploration, Inc. (the “Company”) announces that it intends to complete a non-brokered private placement, subject to regulatory approval, to raise up to $2 million by the issuance of up to 5,714,285 Units priced at $0.35 per Unit.  Each Unit will consist of one share of the Company and one-half of one share purchase warrant.  Each whole warrant will entitle the holder to acquire an additional share at a price of $0.50 for a period of one year from the date of issue.

The proceeds of the offerings will be used for the continued exploration and development of the Pinaya gold-copper project in southern Peru and for general working capital purposes.

About Acero-Martin Exploration Inc.

Acero-Martin Exploration Inc is a mineral exploration and development company with projects in North and South America.  The Company is currently focused on developing its flagship Pinaya gold-copper project in southern Peru.  Acero-Martin offers investors the opportunity to share ownership in the rapid development of the project to production.  Acero-Martin trades on the TSX-Venture exchange under the symbol ASD and the Frankfurt stock exchange under the symbol AMX.   

ON BEHALF OF THE BOARD

  “Don Currie”
                                                                               
Don Currie, President and CEO

For more information please visit the company website at http://www.acero-martin.com  or contact investor relations at 877-646-0067 or .

 
     
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