Vancouver, BC - Consolidated Abaddon Resources Inc. (TSX.V: ABN) (FWB: E2L) has decided not to proceed with the Private Placement and its terms as announced January 3rd, 2007.
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
"Jim Pettit"
____________________________
JAMES G. PETTIT
President
For further information contact myself or:
Don Myers
Consolidated Abaddon Resources Inc.
Director
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@consolidatedabaddon.com
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You can view the Next News Releases item: Wed Feb 7, 2007, Denison Mines to Drill Huard-Kirsch Lakes Uranium Property, Athabasca, Saskatchewan
You can view the Previous News Releases item: Wed Jan 24, 2007, Mann Lake Drilling Completed and Prospective Structural Corridor Confirmed, Athabasca, Saskatchewan
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