Mr. Herbert Brugh reports

MARTINA ANNOUNCES DEBT CONVERSION

Martina Minerals Corp. has negotiated various debt conversion agreements with six creditors, all of which are arm's-length parties to the corporation.

Pursuant to the terms of the debt agreements, the corporation has agreed to issue an aggregate of 9,163,000 common shares to the creditors in exchange for the cancellation of $274,890 in debt owing to the parties.

The issuance of the debt shares is subject to the approval of NEX. All securities issued pursuant to the debt conversion are subject to a statutory four-month hold period.

The corporation would also like to announce that, on the closing of the proposed debt conversion, Edward Chan will be appointed chief executive officer of the corporation. Mr. Chan is an accomplished business leader with extensive expertise in guiding companies through technology commercialization, strategic growth and market expansion. With a proven record across multiple industries and regions, Mr. Chan brings a unique blend of entrepreneurial vision and operational excellence to the companies he leads. Mr. Chan is currently the chief executive officer of Quark Technology Global Inc., a private company focused on developing new technologies. Mr. Chan has also been involved in a number of going public transactions in North America and Hong Kong, has procured financing for large-scale technology projects, and has overseen corporate reorganizations and strategic debt restructuring.

We seek Safe Harbor.