TSX Venture Exchange Cease Trade Order

    VANCOUVER, April 20 /CNW/ -

    BULLETIN TYPE: Cease Trade Order
    BULLETIN DATE: April 20, 2009
    TSX Venture Tier 2 Company

    A Cease Trade Order has been issued by the British Columbia Securities
Commission on April 20, 2009, against the following Company for failing to
file the documents in proper format indicated within the required time period.

    Symbol   Company                  Failure to File                (Y/M/D)

    ("PLL")  Palladon Ventures Ltd.   business acquisition report
                                      amended interim financial     08/08/31
                                      amended interim financial     08/11/30
                                      amended management's          08/08/31
                                       discussion & analysis
                                      amended management's          08/11/30
                                       discussion & analysis

    Upon revocation of the Cease Trade Order, the Company's shares will remain
suspended until the Company meets TSX Venture Exchange requirements. Members
are prohibited from trading in the securities of the company during the period
of the suspension or until further notice.


For further information:

For further information: Market Information Services at 1-888-873-8392,
or email: information@venture.com

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