Cadiscor Resources Inc.
TSX VENTURE : CAO
FRANKFURT : DQN

Cadiscor Resources Inc.

November 21, 2006 13:00 ET

Cadiscor Resources Inc. Grants Stock Options to Dresden Capital Inc.

MONTREAL, QUEBEC--(CCNMatthews - Nov. 21, 2006) - Cadiscor Resources Inc. (TSX VENTURE:CAO) (FRANKFURT:DQN)("Cadiscor") is pleased to announce that the Board of Directors has granted Dresden Capital Inc. ("Dresden") of Montreal, Quebec, 551,980 stock options priced at $0.70 per share, for an eighteen months term. The stock options will vest on a quarterly basis. The closing price of Cadiscor's shares on the TSX Venture was $0.70 on November 20, 2006, the day preceding the grant.

On September 11, 2006, Cadiscor issued a press release announcing that it had retained Dresden Capital Inc. as its investor relations consultant.

These stock options will be issued from the Company' stock option plan and shall be exercisable in accordance with the provisions of TSX Venture Exchange Policy 4.4 regarding the number and vesting of options granted to investor relations firms. This policy stipulates that such options shall expire at the date fixed at the time of grant or thirty days following the date of termination of the agreement between Cadiscor and Dresden, whichever comes first.

On November 6, 2006, the Board of Directors also approved a change to Cadiscor's stock option plan allowing the Board to grant options not subject to four-month hold period following the option grant date when such options are granted at market value, as provided for in TSX Venture Exchange Policy 4.4.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSABILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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