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MOUNTAINVIEW ENERGY LTD (the “Company”), announces that effective September 21, 2007, the TSX Venture Exchange has reinstated trading in its securities. The Exchange suspended trading of the Company’s securities as a result of cease trade orders issued by the Alberta and British Columbia Securities Commissions for failure to file financial statements for the year ended December 31, 2006. The cease trade orders were subsequently revoked when the Company filed such financial statements and fulfilled other requirements required by the Alberta Securities Commission.

MOUNTAINVIEW ENERGY LTD

“Patrick M. Montalban”

Patrick M. Montalban
President & Chief Executive Officer

THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT.
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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