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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2009) -(TSX VENTURE:CZH) Crazy Horse Resources Inc.(the "Company" or "Crazy Horse") announces that further to its announcement dated December 9, 2009, and subject to TSX Venture Exchange acceptance, it has amended the terms of 2,825,000 previously issued common share purchase warrants (the "Warrants"). Further to the amendment, the expiry date of the Warrants has been extended to Dec 31, 2011 and the exercise price of the Warrants has been increased from C$0.25 per common share to C$0.31 per common share.

ON BEHALF OF THE BOARD

Darren Devine, President and CEO

This press release includes "forward-looking statements" including forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Statements regarding future fund raising and capital expenditures are subject to all of the risks and uncertainties normally incident with the raising of capital including, but are not limited to, financing risks, inflation and costs of goods and services. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Crazy Horse does not assume the obligation to update any forward-looking statement, except as required by applicable law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.