Cascadia International Resources Inc.
TSX VENTURE : CJ

Cascadia International Resources Inc.

October 29, 2007 13:27 ET

Cascadia Announces Increase in Private Placement

CALGARY, ALBERTA--(Marketwire - Oct. 29, 2007) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA

Cascadia International Resources Inc. ("Cascadia" or the "Company") (TSX VENTURE:CJ) is pleased to report that it has increased the size of the private placement offering (the "Offering") previously announced on August 15th 2007, for aggregate gross proceeds to the Company of $750,000. Cascadia will issue an additional 1,250,000 units ("Units") at $0.20 for an aggregate of 3,750,000 Units issued pursuant to the Offering. Each Unit will be comprised of one common share of the Corporation issued on a "flow-through" basis under the Income Tax Act (Canada) (the "FT Shares") and one-half of one common share purchase warrant (the "Warrant"). Each whole Warrant will be exercisable into one common share of the Company until December 31, 2008, at an exercise price of $0.25 per share. The proceeds from the Offering will be used to incur eligible Canadian exploration and development expenses. The Company expects the Offering to close shortly and is subject to final approval by the TSX Venture Exchange Inc.

All references to values are in Canadian funds.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.

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