February 19, 2007

The common shares of Excalibur Resources Ltd. have been approved for listing on CNQ. There are approximately 27.7 million common shares outstanding with a public float of 18.6 million shares. The principal business carried on and intended to be carried on by the Issuer is the acquisition, exploration and development of natural resource properties. Excalibur's qualifying property consists of 104 contiguous mining claims covering 861 hectares in the Arrowhead Mining District, Nye County, Nevada. Taranis US acquired the Property by staking a 100% interest in certain Gordo, Tomahawk, Sidewinder, Stealth and Cruise claims covering the entire Arrowhead Mining District.

Listing and disclosure documents for Excalibur Resources Ltd. will be available in the CNQ Listings Disclosure Hall

Trading Date: Wednesday, February 21, 2007
Symbol: EXBR
CUSIP: 30065J107

Applications are being accepted for Market Makers for "EXBR". If you have any questions or require further information please contact Radhika Joseph at (416) 572-2000 X 2435 or E-mail: radhika.joseph@cnq.ca