TSX-V:CCD
The non-brokered private placement announced on Friday, February 10, 2012 is over subscribed. Cascadero Copper Corporation has received subscriptions for 12,624.999 units for total cash proceeds of $1,515,000

Each unit is priced at $0.12 and consists of one Cascadero Copper common share and one share purchase warrant. Each one share purchase warrant entitles the holder to purchase one Cascadero Copper common share at $0.25 per share for a period of three-years from closing. The Unit is subject to a 121-day hold period from closing. The warrant is subject to an Accelerated Warrant Exercise Price clause. The trigger price on the Accelerated Warrant Price is $0.35. The Company will apply for a Supplemental Listing and, subject to TSX Venture Exchange approval, the warrant will trade on the Venture Exchange.

Finders fees are payable.

The financing is subject to regulatory approval, including acceptance of the financing by the TSX Venture Exchange.

Use of proceeds is to continue exploration in Argentina and for working capital.
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