TSX-V:CCD
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.

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.
Chairman, CFO
416-510-8397
Email: BradleyLJones@Rogers.com

Bill McWilliam
Chief Executive Officer
604-999-0391
Bill@Cascadero.com

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