TORONTO, ONTARIO — (Marketwire) — 09/25/12 — Excalibur Resources Ltd. (CNSX: XBR)(FRANKFURT: X9CN) is pleased to report that since its May 31, 2012 fiscal year end, 6,355,000 share purchase warrants have been exercised at $0.15 per share, generating $953,250 in cash proceeds. Excalibur now has 70,521,500 shares issued and 24,860,264 share purchase warrants outstanding, exercisable at prices ranging from $0.15 to $0.30, expiring over the next 17 months.
Excalibur Resources Ltd. is a junior exploration mining company focused on the discovery, development and mining of economically viable precious and base metal mineral resources.
On behalf of the Board of Directors:
Tim Gallagher, Chairman
Neither the Canadian National Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Contacts: Excalibur Resources Ltd. Tim Gallagher Chairman 416-987-0298
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