Caldera Resources Inc.

Caldera Resources Inc.

October 19, 2006 09:40 ET

Caldera Resources Inc.: New Financing and Early Warning Report

SOUTH PERTH, WESTERN AUSTRALIA--(CCNMatthews - Oct. 19, 2006) - Caldera Resources Inc. (TSX:CDR) is pleased to announce that Mr. Ronald Winston of New York New York has agreed to subscribe for 4,000,000 units of the Corporation priced at $0.08 per unit for gross proceeds of $320,000. Each unit consists of one (1) common share and one-quarter (1/4) of a share purchase warrant with each full warrant entitling the holder to acquire a further common share at a price of $0.15 per share for a period of two years. Mr. Ron Winston stated that "My further investment in Caldera rekindles my passion to discover a diamond resource."

In addition, pursuant to the pre-emptive right granted to Resource and Investment NL ("R&I") disclosed in the Corporation's press release dated October 18, 2006, R&I has the right to subscribe for 993,757 units on the same terms described above for gross proceeds of $79,500.

As a result of the issuance of 3,000,000 common shares of Caldera to Mr. Winston in consideration for the release of all of his interest in the Ellendale East and Ellendale South Tenements as described in the Corporation's press release dated October 18, 2006, on the completion of this private placement, Mr. Winston will have control over 15,347,296 common shares of Caldera representing 16.04% of the outstanding common shares of Caldera. Mr. Winston will also hold 4,529,412 warrants to acquire common shares. Mr. Winston has informed Caldera that he has acquired the units for investment purposes and that he may decrease or increase his beneficial ownership, control, or direction over common shares of Caldera through market transactions, private agreements, exercise of warrants, other treasury issuances or otherwise.

These transactions are subject to the approval of the Toronto Stock Exchange.


No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Caldera, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially form those anticipated in such statements. Important factors that could cause actual results to differ materially from Caldera's expectations are exploration risks detailed herein and from time to time in the filings made by Caldera with securities regulations.


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Suite 3100 1 Charles Street
40 King Street West Suite 8
Toronto. Ontario. M5H 3Y2 South Perth. Western Australia. 6151
Telephone: 416-865-6605 Telephone: 011-618-9367-7728
Facsimile: 416-865-6636 Facsimile: 011-618-9367-7705

Cusip: 1287D 105

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