Cross Border Resources, Inc. Issued a $4.40 Price Target and 'STRONG BUY' Rating
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO CIRCUIT.

NEW YORK, NY -- (Marketwire) -- 10/18/11 -- Cross Border Resources, Inc., (OTCQX: XBOR) has recently been issued a $2.20 price target and rated a 'STRONG BUY' by RedChip Research, to view the full report please visit http://www.redchip.com/files/redchipreports/XBOR_20110906_Initial Report.pdf

Cross Border Resources is an oil and gas exploration and production company utilizing a non-operated business model focusing primarily on opportunities with proven operators. Cross Border works with some of the biggest names in oil and gas, it has partnered with Apache (NYSE: APA), Concho Resources (NYSE: CXO) and Devon Energy (NYSE: DVN) for 30 of their 138 active wells.

Cross Border Resources, Inc. operates within one of the most prolific oil producing regions in the US, the Permian Basin. Due to new technologies in drilling, a renewed interest has been placed on this area. As these technologies (i.e. horizontal drilling) catch on, oil, which was previously unattainable, will now be able to be brought to the surface.

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO Circuit twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.

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