Consolidated Beacon Resources Ltd. Amends Loan Terms

  Consolidated Beacon Resources Ltd. ("Beacon"
or "the Company") (TSX-V: KBC) announces that it has negotiated an
extension of the maturity date for the promissory note associated with the
Loan Agreement, previously announced March 6, 2009 and entered into with
North American Gem Inc., a related party on December 3, 2008.  The parties
have agreed to extend the maturity date of the promissory note from March
31, 2009 so that the loan will now be due in full on September 30, 2009.

The purpose of the loan was to help secure the Company's interest in the San Joaquin Property in California. The principal of the loan is $400,000.00 CDN with interest calculated at 7.5% annually. North American Gem Inc. has registered a General Security Agreement against the personal property of the Company. Charles Desjardins, the President of North American Gem Inc. and Consolidated Beacon Resources Ltd. has personally guaranteed the loan.

About Consolidated Beacon Resource Ltd.

Consolidated Beacon Resource Ltd. is in the business of evaluating and acquiring oil and natural gas properties for exploration and development in Canada and the United States. The Company's shares trade on the TSX Venture Exchange under the symbol KBC.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release may contain or be deemed to contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual events or results. Readers are referred to the most recent documents filed by the Corporation on SEDAR (www.sedar.com), specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Corporation undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Forward-looking statements include references to production and cash flows before and after payout.

FOR FURTHER INFORMATION ABOUT THE COMPANY, PLEASE CONTACT: Consolidated Beacon Resources Ltd. Vancouver Office Archie Boyce Director Email: [e-mail] Telephone: [phone] ext 227 or visit the Company's website at http://www.consolidated-beacon.com