VANCOUVER, B.C., October 3, 2014 -- Cascadero Copper Corporation. ("Cascadero" or the "Company") announces that it has made an application to the TSX Venture Exchange (the "Exchange") to extend the term of 4,169,167 warrants issued in a Private Placement Unit dated October 22, 2012. The Unit consisted of one common share and one warrant. The warrant had a term of two years with an expiry date of October 22, 2014. One full warrant is exercisable into one common share at $0.14 per share. The Company is applying to extend the term of the warrants by 36 months to expire October 22, 2017 and to re-price the exercisable price of one warrant to $0.10. The application is subject to Exchange approval.
Cascadero Copper is an integrated mineral exploration and development business. The Company has offices in North Vancouver, BC and Salta City in the province of Salta, Republic of Argentina. With its core geologists and Advisory Board the Company has discovered several new mineral showings and has the capability of developing a variety of prospects. The Company has recently restructured its portfolio and is focused on developing its rare metal and silver assets. Exploration in Argentina is planned to re-start in October 2014.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.