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November 23, 2009 2:16 AM ET

Consolidated Abaddon Resources Inc.

(ABN:TSXV)

LAST C$0.08 CAD
CHANGE TODAY +0.005 6.67%
VOLUME 0.0
As of November 20, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Consolidated Abaddon Resources Inc. (ABN)

OPEN
--
PREVIOUS CLOSE
C$0.08
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
09/25/09 - C$0.14
52 WEEK LOW
03/18/09 - C$0.04
MARKET CAP
3.5M
AVERAGE VOLUME 3 mo
82.9K
DILUTED EPS TTM
C$-0.03
SHARES OUTSTANDING
44.2M
ABN Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

ABN Details

Consolidated Abaddon Resources Inc. engages in the acquisition, exploration, and development of mineral properties. It focuses on the development of uranium and lithium properties located in the Athabasca Basin of northern Saskatchewan and in northwestern Ontario. The company is based in Vancouver, Canada.

ABN Top Compensated Officers

Chief Executive Officer, President, Director ...
Age: 54
Total Annual Compensation: --
Chief Financial Officer and Director
Age: 57
Total Annual Compensation: --
Compensation as of Fiscal Year 2008.

Key developments for Consolidated Abaddon Resources Inc. (ABN)

Consolidated Abaddon Begins Exploration on Raleigh Lake Lithium Project

Consolidated Abaddon Resources Inc. announced that a fall work program has commenced on its newly acquired 560 acres Raleigh Lake Lithium claims located Kenora Mining Division in Northwestern Ontario. A crew has been mobilized to the Raleigh Lake Lithium project. The initial exploration program will consist of compilation of previous data from a modest drill program that was completed in 1999, locating of drill collars in the field and the re-logging of existing core. A detailed mapping program of abundant lithium bearing pegmatite outcrops located on the Raleigh Lake property and a tightly spaced detailed magnetometer program to better define the known geological structures will also be completed.

Consolidated Abaddon Resources Inc. Begins Exploration on Selwyn Lake Rare Earth Property

Consolidated Abaddon Resources Inc. announced that an in-depth work program has now commenced on its Selwyn Lake rare earth (REE) property. The Selwyn Lake property includes 13 claim blocks covering 1,219 hectares and is located in the Selwyn Lake Township of the Thunder Bay mining division, province of Ontario. The property is accessible by road and lies four kilometers from a railway. A crew has been mobilized to the Selwyn Lake rare earth property in Northwestern Ontario. An exploration program consisting of detailed prospecting, soil sampling and till sampling has now been initiated. The company will focus on the known Pegmatitic rock types in the area.

Consolidated Abaddon Enters into Option Agreement to Earn 100% Interest in Lithium Property and Rare Earth Property

Consolidated Abaddon Resources Inc. announced that it has entered into a Property Option Agreement with Mr. Robert Fairservice of Thunder Bay, Ontario (the Optionor) for an option to acquire a 100% interest in a lithium property and a rare earth property. The Raleigh Lake lithium property is located in the Raleigh Township of Kenora Mining Division and the Selwyn Lake rare earth (REE) property is located in the Selwyn Lake Township of the Thunder Bay Mining Division, Province of Ontario. Abaddon plans to complete a magnetometer survey immediately over the 560 acres comprising the Raleigh Lake claims. The data will be used to identify structural zones where more significant 'ground preparation' may have resulted in increased volumes of pegmatite. The Company intends to proceed with a 2009 winter diamond drill program. Abaddon has also acquired an option on the Selwyn Lake rare earth claims covering a large and strong REE, Fe, Mo, Th, U3O8 lake sediment anomaly.

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ABN

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ABN transactions

Type
Date
Target
Merger/Acquisition
September 10, 2009
7 Rare Earth Metal and Lithium Claim Blocks
View More ABN Transactions...

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