Cascadero Closes $913,500 Financing
January 9, 2007
Cascadero Copper Corporation ("Cascadero") announced today it has closed a non brokered private placement of 1,000,000 units at $0.15 per unit. Each unit consists of one common share and a warrant to purchase an additional common share at $0.25 per share on or before January 9, 2009.
Cascadero also announced that it has closed a non brokered private placement of 5,090,000 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 on or before January 9, 2009.
The securities issued pursuant to the private placements have a hold period expiring May 10, 2007.
Pacific International Securities will be paid a commission of $25,350 in connection with the financing.
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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