| Consolidated Big Valley Resources Inc. - CBG.HNEWS RELEASE March 27, 2006 PROPOSED FINANCING OVER-SUBSCRIBED AND SHARES FOR DEBTThe proposed financing announced March 9/06 for 1.5 million flow-through units at $0.15 is over-subscribed and will be increased to 2.2 million at $0.15. Each flow-through unit is comprised of one common share and one-half common share purchase warrant, entitling the holder to purchase one additional common share of the Company with two warrants for a period of one year at a price of $0.20 per share. Proceeds to be used for additional development work planned for the Company’s joint venture Russian Kid project and its Mount Polley/Woodjam area B.C. prospects. The Company is also arranging shares for debt for 550,000 common shares at a price of $0.15 per share. These transactions are subject to the approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD Jake Bottay, President/Director THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. | 