December 05, 2011 18:29 ET

Cascadia Appoints President & Drills Farm in Wells

CALGARY, ALBERTA--(Marketwire - Dec. 5, 2011) - Cascadia Resources Inc. ("Cascadia" or the "Company") (TSX VENTURE:CCR) is pleased to announce the appointment of Michael d'Entremont, P.Eng. as President of the Company effective immediately. Mr. d'Entremont has over 34 years of diversified experience in the Canadian and International Oil and Gas business with Amoco and Canadian Hunter. Mr. d'Entremont was also President and CEO of Livingston Energy, a Calgary based private junior oil and gas company with assets in North East BC. Most recently, Mr. d'Entremont was an associate at Charlton Capital Corporation providing technical and investment advice on small and medium capitalized oil and gas companies to institutional and private clients. Cascadia has granted Mr. d'Entremont options to purchase 300,000 common shares at an exercise price of $0.11 (Cdn funds) per share, pursuant to its stock option plan.

The Company also announces it has granted options to purchase an additional 125,000 common shares at a price of $0.11 per share, pursuant to its stock option plan to consultants, director, and officer of Cascadia. The options will vest immediately, and are exercisable on or before December 5, 2016.

Cascadia also announces that it has completed drilling two wells related to previously announced farmin agreements (see Press Release dated September 6th, 2011). The Company drilled and cored a Birdbear formation in West Central Saskatchewan and has earned a 70% working interest ("W.I.") in one section and 50% W.I. in two additional sections. Preliminary results of core analysis are currently being reviewed by the Company. In the Edson area, Cascadia has drilled and cased a vertical test well to the Rock Creek formation with initial open hole log analysis suggesting several pay zones exist in the well bore. Plans are underway to complete the well and if successful the well is expected to be placed on stream early in the new year. The Company will earn a 50% W.I. in one and one-half sections upon completion of the well.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy and accuracy of this release.

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