Consolidated Abaddon Resources Inc.
TSX VENTURE : ABN
FRANKFURT : E2L

Consolidated Abaddon Resources Inc.

August 24, 2009 09:00 ET

Consolidated Abaddon Staking and Evaluating Lithium Prospects

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 24, 2009) - Consolidated Abaddon Resources Inc. (TSX VENTURE:ABN)(FRANKFURT:E2L) announces that it is in the process of staking high potential lithium prospects in North America. The Company is also evaluating existing lithium prospects for possible joint venture or acquisition.

Consolidated Abaddon expects its staking and evaluation of lithium prospects to be completed by the end of August.

The Company has approximately $2 million in its treasury and no debt.

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, and the Algoma District of northwestern Ontario.

Property partners include Denison Mines Corp., and Triex Minerals Corp.

For further information on Consolidated Abaddon Resources Inc. (TSX VENTURE:ABN), visit our Company's web site at www.consolidatedabaddon.com.

ON BEHALF OF THE BOARD OF DIRECTORS

JAMES G. PETTIT, President

This news release may contain certain "Forward-Looking Statements" that may involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. For a more detailed discussion of such risks and other factors, refer to the Company's filings with Canadian Securities regulators available on www.sedar.com.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • Consolidated Abaddon Resources Inc.
    James G. Pettit
    President
    (604) 687-3376 or Toll Free: 1-800-567-8181
    (604) 687-3119 (FAX)
    or
    Consolidated Abaddon Resources Inc.
    Don Myers
    Director
    (604) 687-3376 or Toll Free: 1-800-567-8181
    (604) 687-3119 (FAX)
    Email: info@consolidatedabaddon.com
    Website: www.consolidatedabaddon.com