Excalibur Resources Ltd. CNSX : XBR FRANKFURT : X9CN December 19, 2012 17:01 ET Excalibur Completes $1.45 Million Private Placement TORONTO, ONTARIO--(Marketwire - Dec. 19, 2012) - Excalibur Resources Ltd. (CNSX:XBR)(FRANKFURT:X9CN) ("Excalibur" or the "Company") is pleased to announce that it has completed a non-brokered private placement of 4,833,331 common shares at $0.30 per share for a total of $1,450,000. Proceeds will be applied to the Company's Catanava gold production project in Mexico, for potential acquisitions and to working capital. The Company has granted to a consultant an incentive stock option to acquire 400,000 common shares at $0.27 per share for a five year period. 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: Tim Gallagher, Chairman & CEO Neither the Canadian National Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Contact Information Excalibur Resources Ltd. Tim Gallagher Chairman & CEO 416-987-0298 info@excaliburresources.ca www.excaliburresources.ca http://www.marketwire.com/press-release/excalibur-completes-145-million-private-placement-cnsx-xbr-1739789.htm