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Southern Cross Gold Consolidated Ltd. press release

Albion Petroleum Ltd. cancels private placement

TSX - Toronto Stock Exchange · Australia

CALGARY, Mar. 10, 2010 (Canada NewsWire Group) -- /CNW/ -- ALBION PETROLEUM LTD. (the "Corporation") (ABP.H: NEX) announces that the private placement originally announced on October 9, 2009 has been cancelled.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Albion assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Albion. Additional information identifying risks and uncertainties is contained in certain of Albion's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

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