Omega Commercial Finance Signs Definitive Agreement to Acquire Peruvian Gold Mine

MIAMI, June 16, 2009 (GLOBE NEWSWIRE) -- Omega Commercial Finance Corporation
(Pink Sheets:OCFN) is pleased to announce that it has signed a Definitive
Agreement to acquire from Ruby Trust Mining Company SAC (RTM), a mining
operation located in the mountain village of Cusco, Peru.

As previously announced, Omega is currently looking to diversify its interests
with the gold commodities market by finding undervalued and underdeveloped mines
with proven and probable reserves. After proper due diligence, management
believes that they have found its first acquisition.

The Trust Ruby mine is a gold mine with some copper. The ore is oxide, making
for simplified recovery. The plant, designed by BBA Engineers, is designed to
initially process 250 metric tons daily. This will be expanded to 500 tons per
day once the vein direction has been determined. By adding a second shift,
production expectations would be quadrupled. All mining operations will be run
and operated by RTM engineers and its management.

Jon S. Cummings IV, CEO stated, "Over the last decade gold has seen consistent
growth in valuation going from $300 to $1000 an ounce. We anticipate a price to
be paid from all the recent government bailouts. With inflation on the horizon,
and a continued weakening of the U.S. dollar, commodities are expected to show
exponential increases in prices. Omega feels that investing in commodities is an
excellent hedge and investment in our future. We are very fortunate to find a
mine with such excellent operations and management in place. Thomas W. Foster of
Ruby Trust Mining Company SAC is a seasoned professional with over 40 years of
expertise in all phases of mining. Additionally, mining in South America assures
us of plentiful labor at a substantially lower operational and labor cost rate
than mining in the U.S. or Canada."

The Definitive Agreement calls for a share exchange and funding for the Trust
Ruby mine. Please see the company's S8 filing with the SEC for more details.

Safe Harbor

This release contains statements that constitute forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. These statements
appear in a number of places in this release and include all statements that are
not statements of historical fact regarding the intent, belief or current
expectations of Omega Commercial Finance Corp., its directors or its officers
with respect to, among other things: (i) financing plans; (ii) trends affecting
its financial condition or results of operations; (iii) growth strategy and
operating strategy. The words "may," "would," "will," "expect," "estimate,"
"can," "believe," "potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are cautioned that
any such forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, many of which are beyond Omega Commercial
Finance Corp.'s ability to control, and that actual results may differ
materially from those projected in the forward-looking statements as a result of
various factors. More information about the potential factors that could affect
the business and financial results is and will be included in Omega Commercial
Finance Corp. filings with the Securities and Exchange Commission.

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CONTACT: Omega Commercial Finance Corporation
Investor Relations Dept.
Joseph Vazquez
(305) 728-5350
jvazquez@ocfncorp.com