Aben Resources Ltd. TSX-V : ABN
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Aben Resources Ltd.

Suite 1610 - 777 Dunsmuir Street
Vancouver, British Columbia
V7Y 1K4
TSX Trading Symbol: ABN
Email:
Telephone: (604) 687-3376
Facsimile: (604) 687-3119

 Thu Dec 28, 2006
Non-Brokered Private Placement

 Vancouver, BC - Consolidated Abaddon Resources Inc. (TSX.V: ABN) (FWB: E2L) announces it has arranged a non-brokered private placement of up to 1,250,000 units at a price of $0.50 per unit. Each unit consists of one share and one non-transferable share purchase warrant. Each warrant entitles the holder thereof to purchase an addition common share of the Company at a price of $0.63 for a period of two years.

If applicable, the Company will pay a finder's fee in cash or units equal to 5% of the private placement offering. The finder's units will be on the same terms as the subscriber's units.

The Private Placement is subject to TSX Venture Exchange acceptance. The Company intends to utilize the proceeds from the Private Placement for general working capital purposes.

Consolidated Abaddon Resources Inc. is a Canadian uranium exploration company actively involved with the development of uranium properties in the ATHABASCA BASIN of northern Saskatchewan and the SIMS BASIN of western Labrador. Property partners include Denison Mines Corp. and Triex Minerals Corp.

ON BEHALF OF THE BOARD OF DIRECTORS

"Don Myers"
____________________________
DONALD G. MYERS
Director

For further information contact:
Don Myers
Consolidated Abaddon Resources Inc.
Director
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@consolidatedabaddon.com

THE TSX VENTURE EXCHANGE AND FRANKFURT STOCK EXCHANGE HAVE NOT REVIEWED AND DO NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
 
 

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