12:01 PM EST - Consolidated Abaddon Resources Inc. : said that Gold Reach Resources Ltd. agreed to acquire Consolidated Abaddon Resources' 10% interest in the Seel property in Houston, BC by issuing 1 million Gold Reach Resources' shares to Abaddon. The acquisition would bring Gold Reach's total interest in the Seel property to 100%. Consolidated Abaddon Resources Inc.
shares V.ABM are trading unchanged at $0.17.