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Crosshair Mining & Exploration 1 for 4 Consolidation

At the Meeting, Shareholders of the Company approved a consolidation of the Common Shares on the basis of one post-consolidation Common Share for every four pre-consolidation Common Shares. Crosshair will not issue any fractional Common Shares as a result of the consolidation. Instead, all fractional shares will be rounded down and cancelled. The consolidation was made effective on December 15, 2010 and the Common Shares will begin trading on a post-consolidation basis on the Toronto Stock Exchange and NYSE Amex on December 20, 2010.

Please see the link below for further details:

http://www.crosshairexploration.com/s/NewsReleases.asp?ReportID=433846&_Type=News-Releases&_Title=Crosshair-Announces-Completion-of-Consolidation-and-Exercise-of-Subscriptio...