MNL Monarch Energy Limited

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Share Name	Share Symbol	Market	Type
Monarch Energy Limited	TSXV:MNL	TSX Venture	Common Stock

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Monarch Energy Limited: Resignation of Director

01/08/2008 7:56pm

Marketwired Canada

MONARCH ENERGY LIMITED (TSX VENTURE:MNL) (the "Company") announces the
resignation of Ian Lambert from its Board.


"We appreciate that Ian's growing responsibilities with other companies with
their overseas activities, make it increasingly difficult for him to devote the
time necessary to Monarch.


The Company wishes to thank Ian for more than eighteen years of strong support,
and expresses its gratitude for the contribution he has made during that time.
The other directors join me in wishing him well in his future endeavours," said
Kaare Foy, Monarch's Executive Chairman.


ON BEHALF OF THE BOARD

Kaare Foy: Executive Chairman, MONARCH ENERGY LIMITED