Consolidated Abaddon Resources Inc. announces that it will extend the exercise period of 890,590 non-flow-through share purchase warrants for a further three-month term. The warrants, which are exercisable at a price of $0.25 per common share, were scheduled to expire on December 22, 2005. Upon receipt of TSX Venture Exchange acceptance of this transaction, the warrants will expire after the close of business on March 22, 2006. The share purchase warrants were originally issued pursuant to a 1,781,182 flow-through unit private placement which closed on December 22, 2004.
Consolidated Abaddon Resources Inc. is a Canadian uranium and precious metal exploration company actively involved with the development of uranium properties in the ATHABASCA BASIN of northern Saskatchewan and the SIMS BASIN of northwestern Labrador. The Company is also developing a gold property in the RED LAKE MINING DISTRICT of northwestern Ontario.
ON BEHALF OF THE BOARD OF DIRECTORS
"Jim Pettit"
JIM PETTIT
President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
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