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Consolidated Abaddon Staking and Evaluating Lithium Prospects

ID: 1003520
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(Thomson Reuters ONE) - Suite 2230, 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA Trading Symbol (TSX-V: ABN), (Frankfurt: Telephone: (604)E2L) 687-3376Email: info(at) Facsimile : (604) 687-3119NEWS RELEASEAugust 24, 2009 Consolidated Abaddon Staking and Evaluating Lithium ProspectsVancouver, BC - Consolidated Abaddon Resources Inc. (TSX-V: ABN)(FWB: E2L) announces that it is in the process of staking highpotential lithium prospects in North America. The Company is alsoevaluating existing lithium prospects for possible joint venture oracquisition.Consolidated Abaddon expects its staking and evaluation of lithiumprospects 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 companyactively involved with the development of uranium properties in theAthabasca Basin of northern Saskatchewan, and the Algoma District ofnorthwestern Ontario.Property partners include Denison Mines Corp., and Triex MineralsCorp.For further information on Consolidated Abaddon Resources Inc.(TSX-V: ABN), visit our Company's web site BEHALF OF THE BOARD OF DIRECTORS"Jim Pettit"____________________________JAMES G. PETTITPresidentFor further information contact myself or:Don MyersConsolidated Abaddon Resources Inc.DirectorTelephone: 604-687-3376Toll Free: 800-567-8181Facsimile: 604-687-3119Email: info(at)consolidatedabaddon.comNeither TSX Venture Exchange nor its Regulation Services Provider (asthat term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.This news release may contain certain "Forward-Looking Statements"that may involve a number of risks and uncertainties. There can be noassurance that such statements will prove to be accurate, and actualresults and future events could differ materially from thoseanticipated in such statements. For a more detailed discussion ofsuch risks and other factors, refer to the Company's filings withCanadian Securities regulators available on . announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

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Date: 08/24/2009 - 13:00
Language: English
News-ID 1003520
Character count: 0
Firma: Consolidated Abaddon Resources Inc.
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Stadt: London


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