Cascadero Increases Financing To $300,000
June 27, 2007
Cascadero Copper Corporation ("Cascadero") announced today an increase to its proposed non brokered private placement to up to 1,500,000 units at $0.20 per unit. Each unit consists of one common share and a half-warrant. Each whole warrant entitles the holder to purchase an additional common share at $0.25 per share for a period of one year 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 general working capital purposes.
Bradley L. Jones, c.a.
Chairman, CFO
(416) 510-8397
Email: BradleyLJones@Rogers.com
Bill McWilliam
Chief Executive Officer
(604) 999-0391
Email: Bill@Cascadero.com
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