Curlew Lake Announces Proposed Consolidation

Curlew Lake Resources Inc. (TSX VENTURE:CWQ)(PINKSHEETS:CWLXF) announces that it
will be seeking shareholder approval at its Annual General Meeting scheduled to
be held on June 22, 2012 to authorize the directors of the Company in their sole
discretion to implement a consolidation of the Company's share capital on a ten
(10) old shares for one (1) new share basis, subject to completion by May 18,
2013. The Company currently has 99,469,526 shares outstanding, which, if no
further shares are issued, would be reduced to 9,946,953 post-consolidated
common shares. There will be no name change with this consolidation. The
consolidation is subject to receipt of shareholder and regulatory approval.


The Company further wishes to clarify that its Officers and Directors are
currently comprised of the following:




      Robert Pincombe, President, Chief Executive Officer and Director      
              David McKee, Chief Financial Officer and Director             
                           Robert Kramer, Director                          
                           Harold Noyes, Director                           



Regarding the Company's website, Management advises that it is in the process
updating the Company's website at www.curlew-lake.com, which we anticipate will
be completed by the end of May.


ON BEHALF OF THE BOARD

SIGNED: Robert Pincombe

Robert Pincombe, President