|January 26, 2009|
Cadillac Issues Alert -- Confusing And Misleading Website
|Toronto -- January 26, 2009 -- Cadillac Ventures Inc. (CNSX-CDC) ("Cadillac" or the "Company") advises that it has come to the attention of the Company that an unknown person or entity has established a website using a slight variation of Cadillac's web address. The similar web address -- www.cadillacventure.com (with no "s") -- purports to offer "investment management services for high net worth individuals who have an appetite for investing in private companies with high potential backup by publicly traded Canadian exploration-stage company..." and then references Cadillac's New Alger and Burnt Hill properties.|
Cadillac wishes to advise the public that Cadillac does not backup these purported investments, and in fact has no knowledge of or affiliation with this other website, or the persons or entities involved with this website. Information contained on this other website should not be construed as being approved by or connected in any way to Cadillac.
Upon completing a preliminary investigation of this other website, it appears that there is substantial question as to its legitimacy. The entity does not have an office at the address listed on its website (15 Toronto St., Toronto, ON; which happens to be Cadillac's former address) nor does the phone number listed on the website appear to be operative. Further, this entity does not appear to be registered with either the Ontario Securities Commission or with the Ontario Ministry of Consumer and Business Services. The website attaches a letter from Equity Transfer and Trust Company that was filed on SEDAR with respect to the mailing of shareholder materials of the Company, as a "Certificate" as to registered company status.
Cadillac has notified the Ontario Securities Commission of the existence of this website and will consider such other remedies as may be appropriate in the circumstances.
Investors are reminded that authorized information concerning Cadillac can be found on Cadillac's website at www.cadillacventures.com.
Cadillac is a development focused exploration Company which, in addition to the MATSA Huelva Joint Venture has two Canadian exploration projects, located in regions that have been historically active.
The New Alger project is a wholly owned, previously productive gold mine, located outside of Cadillac, Quebec. The Company has commenced a long term drill program designed to identify the scope of mineralization present on the Company's property along the Cadillac break, and outline new mineralization untouched by the historic, shallow, mining operations.
The Burnt Hill Project is 51% owned by the Company and located outside of Fredericton, New Brunswick. This operation was previously productive with a small scale pilot plant operating onsite recovering tungsten via photometric sorting. In recent drill campaigns the Company has received assay results demonstrating the previously disregarded presence of molybdenum and tin on the property. The objective of the drilling programs is the delineation of a 43-101 compliant reserve and resource, focusing in some part on the areas of historic production, in addition to the mineralization newly demonstrated at depth and along strike. The Company has also added significantly to the land position of this project, encompassing several other surface showing of tungsten, tin and molybdenum.
Cadillac is publicly traded on the CNSX under the symbol CDC.
For more information regarding Cadillac please visit our website at www.cadillacventures.com, or call Norman Brewster, President and Chief Executive Officer at 416-203-7722.
The CNSX does not accept responsibility for the adequacy or accuracy of this release.