TSXgroup

April 24, 2009

AMATO EXPLORATION LTD. ("AMT")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: April 24, 2009
TSX Venture Tier 2 Company

The Company's Initial Public Offering ('IPO') Prospectus dated April 6, 2009, has been filed with and accepted by TSX Venture Exchange Inc., and filed with and receipted by the British Columbia and Alberta Securities Commissions on April 8, 2009, pursuant to the provisions of the applicable Securities Acts.

The gross proceeds received by the Company for the Offering were $1,110,450 (3,701,500 common shares at $0.30 per share which includes 101,500 shares issued on the exercise of the Over-Allotment Option). The Company is classified as a 'Mining' company.

Commence Date:     At the opening on Monday, April 27, 2009, the common shares will
commence trading on the TSX Venture Exchange.

Corporate Jurisdiction:     British Columbia

Capitalization:     100,000,000     common shares with no par value of which 9,771,500 common shares are issued and outstanding.

Escrowed Shares:     3,848,500     common shares held by Principals of the Company are subject to a 36-month staged release escrow. An additional 430,000 common shares held by non-Principals will be subject to a 4 month hold with 20% released every month with the first release occurring on closing of the IPO pursuant to Exchange Seed Shares Resale Rules.

Transfer Agent:     Computershare Investor Services Inc.
Trading Symbol:     AMT
CUSIP Number:     023116 10 6

Agent:     Wolverton Securities Ltd.

Agent's Option:     The Company has granted to the Agent an option to acquire common shares in an amount equal to 8% of the number of common shares sold under the IPO, being 296,120 Common Shares, at an exercise price of $0.30 per common share for a period of 24 months from the date of listing of the common shares.

Over-Allotment Option:     The Company granted an option to the Agent, exercisable until the closing of the IPO, to purchase up to an additional 15% of the number of common shares sold pursuant to the IPO at $0.30 per share. The Agent exercised the Over-Allotment Option to acquire a total of 101,500 common shares.

For further information, please refer to the Company's Prospectus dated April 6, 2009.

Company Contact:     Melvin Reeves
Company Address:     1600 - 999 West Hastings Street, Vancouver, BC V6C 2W2

Company Phone Number:     (604) 315-2559
Company Fax Number:     (604) 684-1376