Excalibur Completes First Tranche of Financing
TORONTO, ONTARIO–(Marketwire – August 15, 2011) – Excalibur Resources Ltd. (CNSX:XBR)(FRANKFURT WKN:A0MMDH) (the “Company”) announces that, further to news releases dated May 18, 2011 and July 15, 2011, it has completed a first tranche of a private placement of 5,780,000 Units at $0.10 per Unit. Each Unit consists of one common share and one share purchase warrant, exercisable to acquire an additional common share at $0.15 per share until August 12, 2013 and at $0.20 per share until August 12, 2013. No finder’s fees were paid in respect of this tranche.









