Cascadero Announces Proposed $2,000,000 Flow-Through Financing
November 3, 2006
Cascadero Copper Corporation ("Cascadero") announced today a proposed non brokered private placement of up to 13,333,333 units at $0.15 per unit. Each unit consists of one flow-through common share and a warrant to purchase an additional common share at $0.25 per share for a period of two years from closing of the financing.
Finder's fees may be paid in connection with the financing in accordance with applicable securities laws and TSX Venture Exchange Policies. Completion of the financing is subject to regulatory approval, including acceptance of the financing by the TSX Venture Exchange.
Cascadero intends to use the proceeds of the financing for exploration of Cascadero's Toodoggone properties in north central British Columbia.
Bradley L. Jones, c.a.
Chairman, CFO
416-510-8397
Email: BradleyLJones@Rogers.com
Bill McWilliam
Chief Executive Officer
604-999-0391
Bill@Cascadero.com
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