Wed Apr 1, 2009 Shares issued in connection with White River Property and Share Purchase Warrants Extended
Vancouver, BC - Consolidated Abaddon Resources Inc. (TSX-V: ABN) (FWB: E2L) the Company announces that it has issued 50,000 common shares and paid the sum of $25,000 in connection with an Option Agreement dated May 30, 2007, as amended, with Rubicon Minerals Corporation ("Rubicon"), whereby the Company has been granted an option to earn a 100% interest, subject to a 2% net smelter return royalty, in the White River (formerly Pukaskwa) Uranium Project located in the Algoma Mineral District, Sault Ste. Marie, Thunder Bay and Porcupine Mining Divisions, Ontario.
The common shares issued are subject to a four month hold period under applicable securities laws, and imposed by the TSX Venture Exchange, expiring July 27, 2009.
In other news, the Company also announces that it will make an application to the TSX Venture Exchange to extend the exercise period of a total of 2,500,000 share purchase warrants for a further three year term.
The 2,500,000 share purchase warrants were issued in connection with a non-brokered private placement which closed on March 6, 2007 and are currently exercisable at a price of $0.27 per warrant share on or before April 11, 2009. Upon receipt of TSX Venture Exchange acceptance, the 2,500,000 warrants will expire on or before April 11, 2012.
About Consolidated Abaddon Resources Inc.:
Consolidated Abaddon Resources Inc. is a Canadian exploration company actively involved with the development of uranium properties in the Athabasca Basin of northern Saskatchewan, Sims Basin of western Labrador, and the Algoma District of northwestern Ontario and with its copper property in Nevada, USA.
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
THE TSX VENTURE EXCHANGE AND FRANKFURT STOCK EXCHNAGE HAVE NOT REVIEWED AND DO NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
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