Cadillac Ventures Inc.

Cadillac Ventures Inc.

June 10, 2009 09:00 ET

Cadillac Retains Investor Relations Consultant

TORONTO, ONTARIO--(Marketwire - June 10, 2009) - Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac" or the "Company") is pleased to announce that it has entered into an agreement with Incorporated Communications Services ("ICS"), under which ICS will provide financial relations, media relations and market development consulting services to Cadillac. ICS is a media-relations specialist in the natural resource and gold exploration sectors.

The agreement between Cadillac and ICS is effective from May 19, 2009 for an initial term of six months, after which it will be subject to further review and either termination or extension. In consideration for the services to be provided, Cadillac has agreed to pay ICS a monthly fee of US$7,000, plus expenses, from existing working capital. In addition, Cadillac has agreed to grant 300,000 stock options (the "Stock Options") to a principal of ICS, to acquire up to an aggregate of 300,000 common shares of Cadillac at an exercise price of $0.45 per common share. The Stock Options will vest in accordance with TSX Venture Exchange guidelines and Cadillac's stock option plan. The Stock Options will expire two years from the date of issue.

ICS currently has no interest, directly or indirectly, in Cadillac or its securities, or any right or intent to acquire such an interest otherwise than pursuant to the exercise of the Stock Options.

ICS' appointment as an investor relations consultant of Cadillac and the granting of the Stock Options remain subject to TSX Venture Exchange and other applicable regulatory approval.

About Cadillac

Cadillac is a development focused exploration Company which, in addition to the MATSA Huelva Joint Venture has two Canadian exploration projects, located in regions that have been historically active.

The New Alger project is a wholly owned, previously productive gold mine, located outside of Cadillac, Quebec. The Company has commenced a long term drill program designed to identify the scope of mineralization present on the Company's property along the Cadillac break, and outline new mineralization untouched by the historic, shallow, mining operations.

The Burnt Hill Project is 51% owned by the Company and located outside of Fredericton, New Brunswick. This operation was previously productive with a small scale pilot plant operating onsite recovering tungsten via photometric sorting. In recent drill campaigns the Company has received assay results demonstrating the previously disregarded presence of molybdenum and tin on the property. The objective of the drilling programs is the delineation of a 43-101 compliant reserve and resource, focusing in some part on the areas of historic production, in addition to the mineralization newly demonstrated at depth and along strike. The Company has also added significantly to the land position of this project, encompassing several other surface showing of tungsten, tin and molybdenum.

For more information regarding Cadillac, please visit our website at

Forward Looking Statements

This news release may contain certain forward-looking statements under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "believe", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary licences and permits and the availability of financing, as described in more detail in the Company's securities filings available at Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Cadillac assumes no obligation to revise or update these forward-looking statements except as required by law. All dollar amounts are in Canadian dollars unless otherwise noted.

Neither TSX Venture Exchange nor its Regulation Services Provided (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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