Cavan Ventures Inc.
TSX VENTURE : CVN

Cavan Ventures Inc.

August 04, 2009 14:08 ET

Cavan Ventures Inc. Enters Into Investor Relations Agreement with MarketSmart Communications Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 4, 2009) - Cavan Ventures Inc. (the "Company") (TSX VENTURE:CVN) is pleased to announce that it has entered into an investor relations agreement with MarketSmart Communications Inc. ("MarketSmart") for a period of six months. MarketSmart is a Vancouver-based investor relations firm and their services for the Company will include initiating an investor awareness program that will introduce the Company to MarketSmart's network of brokers, private investors, portfolio managers and media contacts, providing shareholder and investor communication services, handling the Company's public and media relations, and any other services as agreed upon by the Company and MarketSmart. The Company will pay MarketSmart $5000 per month and issue options to purchase 200,000 shares of the Company at $0.15 cents per share. One-quarter of the options granted shall vest on the four month anniversary of the agreement, and the right to exercise an additional one-quarter of the options shall vest every four months thereafter. The agreement may be cancelled by either party within 30 days written notice. This agreement remains subject to regulatory approval, including that of the TSX Venture Exchange.

This news release contains certain forward-looking statements that reflect the current views and/or expectations of the Company with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.

Cavan Ventures Inc. is a public resources exploration company based in Vancouver, British Columbia trading on the TSX Venture under the symbol, CVN. The Company's main business objective is to build a portfolio of resources properties with a focus on advancing quality properties to the production stage. For further information, please view Cavan Ventures Inc.'s website at www.cavanventures.com.

On behalf of the Board of Directors,

CAVAN VENTURES INC.:

Ming Chiang, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ventures Exchange) accepts responsibility for the adequacy or accuracy of this release.

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