Private Placement-Non-Brokered, Remain Suspended

TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 24, 2012:

Number of Shares: 625,000 shares

Purchase Price: $0.16 per share

Warrants: 625,000 share purchase warrants to purchase 625,000 shares

Warrant Exercise Price: $0.19 for a one year period

Number of Placees: 1 placee

Bill McWilliam
Chief Executive Officer
Cascadero Copper Corporation
Email: bill@cascadero.com

Neither the TSX Venture Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this release.

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