Consolidated Beacon Resources Ltd.

Consolidated Beacon Resources Ltd.

November 22, 2006 13:29 ET

Consolidated Beacon Resources Ltd.: Annual General Meeting Scheduled

CALGARY, ALBERTA--(CCNMatthews - Nov. 22, 2006) - Consolidated Beacon Resources Ltd. (TSX VENTURE:KBC) (the "Company") is pleased to announce it will be holding its Annual General Meeting on December 15, 2006 at 10:00 am in the offices of Miles Davison LLP, located at Bow Valley Square II, 205 - 5th Avenue S.W., Calgary, Alberta. This meeting will serve to re-elect Richard Hawes, John McLeod, and Gil Schneider as Directors of the company, approve additional corporate matters included in the Information Circular available on SEDAR and discuss the on-going progress with the Company's San Joaquin East Side Heavy Oil Project in California.

The Company encourages interested parties to visit its' recently updated its corporate web site, which discusses the potential and merits of its core business asset in California.

About Consolidated Beacon Resources Ltd.

Consolidated Beacon Resources Ltd. is a Calgary, Alberta based corporation in the business of evaluating and acquiring oil and natural gas properties, exploring for hydrocarbons, principally in the Provinces of Alberta, Saskatchewan and Nova Scotia, the Northwest Territories, and the United States.

The TSX Venture Exchange has not reviewed this release and it does not accept responsibility for its adequacy or accuracy.

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