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

September 8, 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 20,000,000 units at a price of $0.05 per unit to raise gross proceeds of up to $1,000,000. Each unit consists of one common share and one non-transferable share purchase warrant, with each warrant to entitle the holder to purchase one common share for a period of three years at a price of $0.10 per share.

The Company may pay up to a 7.5% finder’s fee, payable in cash or units, in connection with part of this private placement offering.

Consolidated Abaddon intends to utilize the proceeds of this private placement to source mineral property acquisitions or joint ventures and for general working capital purposes.

About Consolidated Abaddon Resources Inc.:

Consolidated Abaddon Resources is a lithium, rare earth and uranium exploration company developing properties in northern Ontario and 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

“Jim Pettit”

____________________________ JAMES G. PETTIT President

For further information contact myself or:

Jordan Trimble 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.