Bullion Monarch Mining Announces Results of Stock Buyback Program for FY 2009

OREM, Utah--(Business Wire)--
Bullion Monarch Mining (OTCBB: BULM), a fully reporting precious metals and oil
shale exploration and development company, today announced that it has
successfully repurchased 1,718,300 shares of its own stock over the previous
fiscal year ended April 30, 2009. As of May 31, 2009, the Company has 38,861,710
shares outstanding.

R. Don Morris, Chairman and CEO, said, "We believe the current share price does
not accurately reflect Bullion`s current strength and long-term growth
prospects, and therefore, represents an excellent investment opportunity for the
Company. Furthermore, we are pleased to be able to strengthen the relative value
of our shareholder equity at a time when many other companies are diluting their
shareholders` position by issuing treasury shares to raise capital."

The share repurchase was funded using Bullion`s positive cash flow from ongoing
royalty payments from properties being mined by Newmont Mining Company and
Nevada Rae Gold.

The share repurchases may continue through the end of 2009, as previously
approved by Bullion`s board of directors, through open market purchases at
prevailing market prices, or through privately negotiated transactions as
permitted by securities laws and other legal requirements.

The program allows the Company to repurchase its shares at its discretion up to
$1,000,000. Market conditions, price, corporate and regulatory requirements,
alternative investment opportunities, and other economic conditions will
influence the timing of the buyback and the number of shares repurchased. The
program does not obligate the Company to repurchase any specific number of
shares and, subject to compliance with applicable securities laws and other
legal requirements, may be suspended or terminated at any time without prior
notice.

About Bullion Monarch Mining Inc. (OTCBB: BULM) or www.bullionmm.com

Bullion Monarch Mining, Inc., Orem
Rob Morris, 801-426-8111
robmorris@bullionmm.com

Copyright Business Wire 2009