Maestro Announces $1,500,000 Brokered Private Placement

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES

Maestro Ventures Ltd. (TSX VENTURE:MAP) ("Maestro", or the "Company") is pleased
to announce that it has negotiated a brokered private placement with Portfolio
Strategies Securities Inc. (the "Agent") of 10,000,000 units (the "Units") at a
price of $0.15 per Unit to raise gross proceeds of up to $1,500,000. Each Unit
will consist of one common share and one non-transferable common share purchase
warrant (a "Warrant"). Each Warrant will entitle the holder to subscribe for one
additional common share at a price of $0.20 for the first 12 months from the
date of closing and at a price of $0.25 for the second 12 month period.


The Company will pay the Agent a commission of 8.0% of the gross proceeds in
cash on closing. In addition, the Company will issue to the Agent an aggregate
number of warrants (the "Agent's Warrants") of the Company equal to 8% of the
number of Units sold under the financing. Each Agent's Warrant will entitle the
holder thereof to acquire Units under the same terms and conditions of the
financing, for a period of 24 months from the closing date.


The net proceeds raised from the financing will be used to fund exploration at
its existing projects, for potential project and area play acquisitions, and for
general working capital purposes. Completion of the private placement is subject
to the approval of the TSX Venture Exchange.


On behalf of the Board of Directors,

Kris Kottmeier, Chief Executive Officer

Maestro Ventures Ltd.