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Last updated on February 13, 2012 at 7:03 EST

Montana Mining to Acquire Produced Water Solutions

October 28, 2008

Montana Mining Corp., a public company trading under the symbol MMGC.OB (“Montana”) today announced that it has signed a letter of intent to acquire Produced Water Solutions, Inc. (“PWS”) as a wholly owned subsidiary. PWS has designed, built and tested water purification units for the oil and gas industry. The cost efficiencies of PWS’s produced water processing unit, that converts field produced water into potable water onsite, uniquely positions PWS to serve this market segment.

“I used to wonder why oil and gas companies spend so much money disposing of polluted ground water when potentially it could be purified and become a source of potable water for drinking or easy disposal,” said Al Radford, president of PWS. “We have solved this quandary,” he continued. “Our growth potential is limited only by our ability to finance operations and purchase processing equipment.”

“We are excited about the possibilities associated with our intended acquisition,” said Ruairidh Campbell, chief executive officer of Montana. “The purification of water produced from oil and gas wells onsite is a source of untapped cost savings that will add back to the net revenue produced by energy sector business in a time of sliding volatility in prices.”

About Produced Water Solutions

PWS is a private company based in Calgary, Canada whose mission is to become the premier provider of oilfield produced water treatment systems in North America.

PWS proprietary process converts high volumes of oil and gas produced water into potable water using a unit that can be easily moved from well to well. The process will effectively reduce the traditional costs of disposing field water either down disposal wells or off site while simultaneously meeting the need to reuse and recycle an increasingly valuable resource: water.

Forward Looking Statements

A number of statements contained in this press release are forward-looking statements. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, uncertainties related to the development of Montana’s business plan, and its ability to secure sources of financing. The actual results that Montana may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Montana encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-K and Form 10-Q. Montana’s public filings may be viewed at www.sec.gov.