Cascadero Copper Corporation Receives Subscriptions for 2,653,125 Units at $0.16 per Unit Flow-Though Private Placement

(CCD-TSXV)

CASCADERO COPPER CORPORATION RECEIVES SUBSCRIPTIONS FOR 2,653,125 UNITS AT $0.16 PER UNIT FLOW-THOUGH PRIVATE PLACEMENT

OCTOBER 5th 2011

The Company has closed the first tranche of a non-brokered private placement of 2,653,125 Flow-Through Units at $0.16 per unit for a total cash consideration of $424,500. Each unit consists of one common share and one warrant. A warrants entitles the holder to purchase one additional common share at $0.20 per share up to October 5th 2013. The units are subject to a four-month hold period. Finder fees are payable. The offering was announced Aug 31st 2011.

Cascadero intends to use the proceeds primarily for exploration on recently acquired properties in Ontario.

The Ontario properties are primarily disseminated gold prospects in the Sudbury, Timmins and Swayze mineral districts.

Subsequent to this offering Cascadero Copper has 107.1 million shares issued. The offering is subject to TSX Exchange approval.

Bill McWilliam President Cascadero Copper Corp 604-999-0391 [email protected]

Neither the TSX Venture Exchange nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this release.