Excalibur Resources Ltd.
 January 12, 2010
EXCALIBUR GRANTS STOCK OPTIONS

 Toronto, Excalibur Resources Ltd. (the "Company") has granted 1,838,000 incentive stock options exercisable at $0.16 per share to directors and consultants, pursuant to its Stock Option Plan.
File: http://www.excaliburresources.ca/i/pdf/113505_XBR-100112-Options.pdf
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