Cadillac Ventures Inc.
OTC Bulletin Board : BLU

Cadillac Ventures Inc.

October 11, 2006 16:43 ET

Cadillac Ventures Inc. Completes Private Placement

TORONTO, ONTARIO--(CCNMatthews - Oct. 11, 2006) - Cadillac Ventures Inc. (the "Company") (OTCBB:BLU) is pleased to announce that it has completed a flow-through private placement financing under which it issued 2,400,000 shares of the Company (the "Shares") at a price of $0.06 per Share for aggregate gross proceeds of $144,000 (the "Offering").

The proceeds of the Offering will be used to fund exploration on the Company's wholly owned New Alger property located in Cadillac Township, Quebec. The securities issued under the Offering are subject to a four month hold period, until February 5th, 2007.

Contact Information

  • Cadillac Ventures Inc.
    Jim Voisin
    President
    (519) 699-5352