Maskal Energy Ltd. Announces Lawsuit and Resignations

For Immediate Release June 22, 2010

Trading Symbol: MMK.H

MASKAL ENERGY LTD. ANNOUNCES LAWSUIT AND RESIGNATIONS

Calgary, Alberta - Maskal Energy Ltd. (NEX: MMK.H) (“Maskal” or the “Corporation”) announces that it has been served with a Statement of Claim brought by Rick Mazurkewich, John Garden, Bullion Fund Inc. and 1053011 Alberta Ltd. (the “Plaintiffs”) for alleged indebtedness and other relief.

The Corporation also wishes to announce the tendered resignations of Rick Mazurkewich as President and Chief Executive Officer and Robert Tedrick as Chief Financial Officer of the Corporation. Maskal will commence a search for replacements of each of these positions as soon as possible.

For further information please contact:

Maskal Energy Ltd.

Lorraine McVean, Chairperson 1900, 715 – 5 Ave SW, Calgary AB T2P 2X6 Tel: (403) 234-8998 Fax: (403) 265-4514

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