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 February 04, 2008
Cadillac Announces $2.0 Million Private Placement

 Toronto, February 4, 2008 - Cadillac Ventures Inc. (CDEX-CNQ) ("Cadillac") is pleased to announce that it intends to conduct a $2.0 million non-brokered private placement financing pursuant to which it will issue common shares at $0.64 per share. Subject to regulatory approval, the financing is expected to close in February 2008. The proceeds from the financing will be used for exploration expenditures and general working capital purposes. The securities issued hereunder will be subject to restrictions on resale for four months.

About Cadillac
Cadillac is publicly traded on the CNQ under the symbol CDEX. Currently, in addition to the joint venture on the Burnt Hill Project, Cadillac also holds the New Alger Project which encompasses the historic New Alger Mine, located in the highly prospective Cadillac Break Mining Camp. The New Alger Mine has been sporadically productive but has not been fully explored or exploited. The property is situated contiguous to the O'Brien Mine and approximately 300 m to the SE of the LaRonde Mine.

For more information regarding Cadillac please visit our website at www.cadillacventures.com
Or call Norm Brewster, President at (416)815-8666

Forward Looking Statements
This press release may include certain "Forward-Looking Statements" within the meaning of the applicable securities legislation. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements".

The CNQ does not accept responsibility for the adequacy or accuracy of this release.
 
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