Excalibur Arranges Private Placement

Toronto CNSX: XBR FOR IMMEDIATE RELEASE OTCQX: EXCFF February 21, 2014 Frankfurt: X9CN

EXCALIBUR ARRANGES PRIVATE PLACEMENT

Toronto, Canada: Excalibur Resources Ltd. (“Excalibur” or the “Company’) announces that it has arranged a non-brokered private placement of 2,500,000 Units at $0.12 per Unit for a total of $300,000. Each Unit consists of one common share and one share purchase warrant, exercisable to acquire an additional common share at $0.15 per share for a period of two years. Proceeds will be applied to working capital, corporate development and to the Company’s Catanava gold and silver production project in Mexico.

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: For more information please contact:

Tel: 416-925-0090

“Tim Gallagher” Email: [email protected]

Chairman & CEO Website: www.excaliburresources.ca

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