Excalibur Extends Share Purchase Warrant Expiry Date


TORONTO, ONTARIO--(Marketwired - May 17, 2013) - Excalibur Resources Ltd. ("Excalibur" or the "Company') (CNSX:XBR)(OTCQX:EXCFF)(FRANKFURT:X9CN) announces that it has extended the expiry date of 4,030,264 share purchase warrants from May 23, 2013 to December 23, 2013. The warrants are exercisable to acquire an additional common share at a price of $0.20 per share.

Excalibur Resources Ltd. is a junior exploration mining company focused on the discovery, development and mining of economically viable precious metal mineral resources.

On behalf of the Board of Directors:

Tim Gallagher, Chairman & CEO

Neither the Canadian National Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Excalibur Resources Ltd.
Tim Gallagher
Chairman & CEO
416-987-0298
info@excaliburresources.ca
www.excaliburresources.ca