The securities issued pursuant to the private placements have a hold period expiring December 8, 2007.
Finders Fees of $10, 280 were paid in connection with the private placement.
Bradley L. Jones, c.a.
Chief Executive Officer
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Cascadero Copper Corporation ("Cascadero") announced today it has closed the first tranche of its non brokered private placement of up to 3,750,000 units at $0.20 per unit. The closing of the first tranche consisted of 1,224,000 units. Each unit consists of one flow-through common share and a half-warrant. Each whole warrant entitles the holder to purchase an additional common share at $0.25 per share on or before August 7, 2008.