Non-Brokered Private Placement Announced

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

November 9, 2010

Non-Brokered Private Placement Announced

Vancouver, BC - Consolidated Abaddon Resources Inc. (TSX-V: ABN) (FWB: E2L) (the “Company”) announces it has arranged a non-brokered private placement of up to 5,000,000 flow-though units at a price of $0.10 per unit to raise gross proceeds of up to $500,000. Each flow-through unit consists of one flow-through common share and one non-transferable share purchase warrant, with each warrant to entitle the holder to purchase one flow-through common share for a period of three years at a price of $0.12 per share.

Consolidated Abaddon intends to utilize the proceeds of this private placement towards the development of the Company’s mineral properties.

The private placement is subject to the acceptance of the TSX Venture Exchange.

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

“James G. Pettit”

____________________________ JAMES G. PETTIT President

For further information contact myself or:

Donald Myers Consolidated Abaddon Resources Inc.

Corporate Communications 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.