Monumental Energy aims for up to $750,000 in financing

Ms. Michelle DeCecco reports MONUMENTAL ENERGY ANNOUNCES PRIVATE PLACEMENT FINANCING Monumental Energy Corp. intends to complete a non-brokered private placement of a minimum of 10 million units and a maximum of up to 15 million units at a price of five cents per unit for gross proceeds of a minimum of $500,000 and a maximum of up to $750,000. Each unit will consist of one common share of the company and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the company at a price of eight cents per share for a period of three years from the closing date of the private placement. The company intends to use the net proceeds of the private placement to finance the costs and expenses to formally enter into and fund additional workover projects with New Zealand Energy Corp. and L&M Energy, additional expenses at Copper Moki-1 and for general working capital purposes and corporate expenses. All securities issued pursuant to the private placement will be subject to a statutory hold period of four months and one day from the closing of the private placement. Finders' fees may be payable in connection with the private placement, all in accordance with the policies of the TSX Venture Exchange and applicable securities laws. The private placement is subject to the approval of the TSX Venture Exchange. About Monumental Energy Corp. Monumental Energy is an exploration company focused on the acquisition, exploration and development of properties in the critical and clean energy sector, as well as investing in oil and gas projects. The company owns securities of New Zealand Energy Corp. and entered into a call option and royalty agreement on the Copper Moki wells with New Zealand Energy Corp. We seek Safe Harbor.