Rampart Mercantile Inc.

TORONTO, ONTARIO - (Marketwire - July 24, 2008) - Rampart Mercantile Inc. (the "Company") is pleased to announce that the British Columbia Securities Commission, the Alberta Securities Commission, the Ontario Securities Commission and the Quebec Securities Commission have each issued an order (the "Orders") revoking the cease trade orders (the "CTOs") that were issued by each of those securities commissions against the Company in 2002.

The Company is insolvent and has ceased to carry on an active business following the bankruptcy of the Company's wholly-owned subsidiary, Rampart Securities Inc. which occurred on October 31, 2001. The Company is currently dependant on a continuation of cash advances from a debenture holder and minority shareholder in order to continue its business and cover operating expenses until it is able to generate cash flow from a new business opportunity.

The board of directors of the Company currently consists of the following individuals: Dominique P. Monardo; Jon Bridgman; Donald Lyons; and Larry Cappe.

The Company does not have any definitive plans in place for the operation of the business going forward. The securities of the Company will not trade on any published market in the near future, however, it is the intention of management of the Company to investigate opportunities going forward.

An annual general meeting of the shareholders of the Company was held on June 12, 2008.

Email: dmonardo@rogers.ca

Tags: ,Professional Services,Other Professional Services,LAW/LEGAL ISSUES

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Rampart Mercantile Inc.