Consolidated Abaddon Issues Shares to Rubicon

Suite 2230, 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA www.consolidatedabaddon.com

Trading Symbol (TSX-V: ABN), (Frankfurt: E2L) Telephone: (604) 687-3376 Email: [email protected] Facsimile : (604) 687-3119

NEWS RELEASE

March 5, 2010

Consolidated Abaddon Issues Shares to Rubicon

Vancouver, BC - Consolidated Abaddon Resources Inc. (TSX-V: ABN) (FWB: E2L) (the “Company”) announces that further to the Company’s news release of February 10, 2010, the Company has issued 100,000 common shares and paid the sum of $5,000 to Rubicon Minerals Corp. (TSX: RMX) in connection with its termination of the option acquire the White River Property (also referred to as the Pukaskwa property) located in the Sault Ste. Marie Mining District 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 June 27, 2010.

About Consolidated Abaddon Resources Inc.:

Consolidated Abaddon Resources Inc. is a Canadian exploration company actively involved with the development of rare earth, lithium and uranium properties in northwestern Ontario and in the Athabasca Basin of northern Saskatchewan.

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

ON BEHALF OF THE BOARD OF DIRECTORS

“Don Huston”

____________________________ DONALD C. HUSTON Director

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: [email protected]

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.