Castillian Resources Corp. Begins Trading on the OTCQX International

TORONTO, ONTARIO -- (Marketwire - Dec. 22, 2011) - Castillian Resources Corp. ("Castillian" or the "Company") (TSX VENTURE:CT) (OTCQX: CTIIF) is pleased to report that it has begun trading today in the United States on the over-the-counter ("OTC") market's prestigious tier, OTCQX International, under the ticker symbol "CTIIF". As the highest tier of the OTC market, OTCQX-listed companies are distinguished from the thousands of other companies trading on different tiers in the OTC market. Investors can find real-time quotes, disclosure and financial information about Castillian on www.otcqx.com.

"Commencing trading in the United States on the OTCQX is an important step for Castillian, and we look forward to broadening our shareholder base globally," said Dr. Bill Pearson, P.Geo., President & CEO of Castillian. "The United States in an important market to be active in, and we look forward to the increased visibility and exposure that this new listing will offer."

Hodgson Russ LLP will serve as Castillian's Principal American Liaison on the OTCQX and will be responsible for providing guidance on the Company's listing requirements.


ABOUT CASTILLIAN

Castillian Resources Corp. is a Canadian mineral exploration company listed on the TSX Venture Exchange under the symbol "CT" which has gold and base metal properties in Canada and South America. Castillian's flag ship property is the Hope Brook Gold Project located in southwestern Newfoundland where it is carrying out a 25,000 metre diamond drill program. Castillian has also outlined an extensive new Gold-in-Soil anomaly trend on its Canadian Creek property in the Yukon that is adjacent to Kaminak's Sugar Gold-in-Soil trend.


Cautionary Note Regarding Forward-looking Information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the impact of the OTCQX listing on the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; future prices of mineral prices; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and shortages and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

NEITHER 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



Contact Information

Castillian Resources Corp.
Sabina Srubiski, Investor Relations Manager
416-309-2957
ssrubiski@castillian.ca

Castillian Resources Corp.
Bill Pearson, President & CEO
416-861-2968
info@castillian.ca
www.castillian.ca