Monarchy Resources Announces Private Placement Financing

Monarchy Resources, Inc. (OTCBB:MONK) - 

Monarchy Resources is pleased to announce a non-brokered private placement up to
6,000,000 shares of common stock of the Company at a price of $0.10 per share
for gross proceeds of $600,000. The shares will be restricted shares and
therefore subject to certain holding requirements pursuant to Rule 144 of the
Securities Act of 1933. The Company will announce the total proceeds raised upon
completion of the private placement. 


The proceeds will be used to provide certain working capital required to enhance
the Company's three mining interests in Mexico, as well as provide the capital
to purchase and install two operating processing mills for the purpose of
processing its stockpiled ore at its three mining locations.


This news release does not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of these securities, in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of such jurisdiction.
The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state
securities laws and may not be offered or sold within the United States or to,
or for the account or benefit of, "U.S. persons", as such term is defined in
Regulation S under the U.S. Securities Act, unless an exemption from such
registration is available.


About Monarchy Resources 

Monarchy Resources ("Monarchy") engages in a variety of investments in
historically significant, mining claims and mining real estate world-wide with
mineral reserves primarily consisting of precious metals. Monarchy Resources
takes a minority, non-operated position in precious metal mining projects. We
combine experienced management, low overhead and capital towards promising
strategic acquisitions. We allow operators to remain focused on their operated
interests and in return Monarchy receives revenue share of the profits from such
participation. Monarchy's non-operated position continues to gain momentum as
Monarchy partners with more operators and land professionals.


About New World Metals 

New World Metals Corporation ("NWM") is a mineral development, ore processing
and refining company focusing on expanding its production of gold and silver in
Chihuahua, Mexico. NWM has three operational mines in Mexico.


Cautionary Note Regarding Forward-Looking Statements 

This press release contains forward-looking statements that involve risks and
uncertainties, including the Company's beliefs about its business prospects and
future results of operations. Some factors that could cause actual results to
differ materially include economic and operational risks, changes in anticipated
earnings, continuation of current contracts, and other factors detailed in the
Company's filings with the Securities and Exchange Commission, including its
most recent Forms 10-K and 10-Q. The Company forecasts provided above are
dynamic and therefore refer only to this release date. The Company does not
undertake to update any forecasts that it may make available to the investing
public. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Monarchy Resources, Inc.
Jose Perez
[e-mail]


Monarchy Resources, Inc.
Investor Relations
1(888)876-9995
[e-mail]
www.monarchyresourcesinc.com