Maestro Announces Private Placement of Units

Maestro Ventures Ltd. (TSX VENTURE:MAP) (the "Company") today announced a
non-brokered private placement of up to 4 million units at the price of US$0.125
each to raise aggregate for gross proceeds of up to C$500,000. Each unit will
consist of one common share, which is subject to a four month hold period, and
one non-transferable share purchase warrant, each warrant entitling the holder
to purchase one additional share of the Company at a price of $0.25 per share
for twenty-four months after the closing of the private placement.


Net proceeds from the private placement will be applied to existing working
capital and used to advance the Company's precious metals exploration projects
in Nevada and Utah. A 7% finder's fee in units may be payable, less any proceeds
received from insiders of the Company.


The private placement is subject to acceptance by applicable securities
regulatory authorities.


On behalf of the Board of Directors,

Hans Rasmussen, President, Maestro Ventures Ltd.