American Consolidated Minerals - News Releases - American Copper, Golden Oasis and Lebon Amalgamation Closes

	January 30, 2009 American Copper, Golden Oasis and Lebon Amalgamation Closes
	Vancouver, British Columbia ... American Copper Corporation (TSXV: AJ) ("American Copper"), Lebon Gold Mines Limited (CNSX: LBO) ("Lebon") and Golden Oasis Exploration Corp. (TSXV: GOT) ("Golden Oasis") (collectively, the "Companies") announce that the TSX Venture Exchange (the "Exchange) has accepted for filing documentation in connection with the Amalgamation Agreement (the "Amalgamation") as approved by shareholders of each of the Companies last December 18, 2008. Under the terms of the Amalgamation, American Copper has acquired all of the shares of Lebon and Golden Oasis by issuing common shares in its capital ("AJ Shares") to: the shareholders of Lebon on the basis of one and one-fifth (1.2) AJ Shares for every one common share of Lebon currently issued and outstanding (total current issued and outstanding is 13,824,277); and the shareholders of Golden Oasis on the basis of one AJ Share for every one common share of Golden Oasis currently issued and outstanding (20,354,471). Effective January 31, 2009 American Copper will have 55,979,604 shares issued and outstanding. (Please refer to the Companies' press release of December 18, 2008 for further particulars.) Name Change: The TSX has also accepted a name change for the amalgamated company to American Consolidated Minerals Corp. Effective at the opening on Monday, February 2, 2009, the common shares of American Copper Corporation will be delisted, and the shares of American Consolidated Minerals Corp. ("American Consolidated") will commence trading on the Exchange under the trading symbol "AJC." Delisting: In conjunction with the closing of the Amalgamation, effective at the close of business on January 30, 2009, the common shares of Golden Oasis will be delisted from the Exchange, and the common shares of Lebon will be delisted from the Canadian National Stock Exchange. American Consolidated plans to continue its exploration efforts on the combined copper and gold projects, and will consolidate its human and financial resources toward the recommended work programs for the properties, with a view to maximizing value for its shareholders. American Consolidated will continue to be dedicated to the principles of environmentally sound mining practices and the belief that environmental stewardship and mining can co-exist. ON BEHALF OF THE BOARDS OF THE COMPANIES "Robert Eadie" Robert Eadie, President & Chief Executive Officer For further information, please contact: Robert Eadie Telephone: 1-604-602-4935 / Toll Free: 1-866-602-4935 Facsimile: 1-604-602-4936 The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.

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