Cadiscor Resources Inc.

Cadiscor Resources Inc.

March 13, 2008 15:00 ET

CMP Gold Trust Invests in Cadiscor Resources

MONTREAL, QUEBEC--(Marketwire - March 13, 2008) - Cadiscor Resources Inc. ("Cadiscor") (TSX VENTURE:CAO)(FRANKFURT:DQN)is pleased to announce that CMP Gold Trust (TSX:CMP.UN) was the subscriber of the $3,000,000 private placement announced by Cadiscor on March 3, 2008. CMP Gold Trust has acquired 5,454,545 units ("Unit") of Cadiscor at a price of $0.55 per Unit. Each Unit is comprised of one common share of Cadiscor and one half of one warrant. Each full warrant entitles the holder to purchase one Cadiscor common share at a price of $0.70 for a period of 24 months after February 29, 2008, the closing date of the financing. With this investment, CMP Gold Trust has an initial position of approximately 14 % of the total issued shares of Cadiscor. Cadiscor has also agreed to grant to CMP Gold Trust a pre-emption right to subscribe, on a prorata basis of its holding, in any future financing of Cadiscor. If the warrants were to be exercised now, CMP Gold Trust's position would reach 19.6% of the projected issued shares of Cadiscor. The Unit shares and warrants will be subject to a hold period of four months and one day after the closing date.

CMP Gold Trust is a closed-end investment trust managed by Goodman & Company, Investment Counsel Ltd. The Trust Units are listed on the TSX under CMP.UN. The Trust's investment objective is to provide holder's of Trust Units with inflation protection, capital preservation and long-term capital appreciation through investment in a portfolio consisting of Precious Metals and the securities of Precious Metals issuers, Minerals Issuers and Minerals Related Issuers.

In addition, Goodman & Company, Investment Counsel Ltd., on behalf of one or more mutual funds or client accounts managed by it exercises control or direction over 1,600,000 common shares representing approximately 4.1% of Cadiscor. In aggregate, these positions represent an approximate 18.07% interest, on an undiluted basis, or assuming the conversion of the purchase warrants into common shares, an approximate 23.43% interest, on a partially diluted basis.

At the date hereof, Cadiscor has 39,029,545 common shares issued. Cadiscor is pleased to have CMP GOLD TRUST as an important shareholder. The financing proceeds will be used to fund further exploration work on the Sleeping Giant Mine, Discovery, Flordin, Florence and Cameron Shear properties, for working capital and general corporate purposes.

Forward-Looking Statements

This press release contains forward-looking statements subject to certain risks and uncertainties. There can be no assurance that these statements will prove to be correct, and actual results and future events could differ materially from those implied by such statements. These risks and uncertainties are discussed in the annual report filed with the securities commissions of Alberta, British Columbia, Ontario and Quebec, and in the 10-KSB annual report filed with the US Securities and Exchange Commission. The Company does not undertake to publicly revise or update any such statements on the basis of new Information, future events or any other event.


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