Thu Dec 22, 2005 Company Not Proceeding With Warrant Extension
Consolidated Abaddon Resources Inc. announces that it will not be proceeding with its warrant extension as announced by news release dated December 9, 2005. Accordingly, the 840,590 share purchase warrants outstanding at an exercise price of $0.25 per share will expire on December 22, 2005.
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
DONALD G. MYERS
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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