Cadillac Ventures Inc. (TSX VENTURE:CDC) (OTC:CADIF) ("Cadillac" or the
"Company") is pleased to announce the closing of the first tranche of its
previously announced non-brokered private placement offering of units ("Units")
at Cdn$0.05 per Unit and flow-through units ("FT Units") at Cdn$0.06 per FT
Unit, issuing 200,000 Units and 2,090,666 FT Units for aggregate gross proceeds
of $135,440 (the "Offering").


Each Unit consists of one common share of the Company and one common share
purchase warrant (a "Warrant"). Each FT Unit consists of one common share of the
Company issued on a "flow-through" basis and one-half of one Warrant. Each whole
Warrant entitles the holder to acquire a further common share of the Company at
a price of Cdn$0.10 per share for a period of 24 months following the date of
issuance.


The proceeds from the FT Unit offering will be used for exploration and
development of the Company's Canadian properties. The net proceeds from the Unit
offering will be used for general working capital purposes.


In connection with the Offering, the Company paid to certain finders (each, a
"Finder") an aggregate cash commission of $10,835.20 and issued to the Finders
warrants to acquire up to an aggregate of 183,253 common shares of the Company
at a price of $0.06 per share for a period of 24 months following the date of
issuance.


The Company intends to close a second tranche of the Offering in January 2014.

All securities issued under the Offering are subject a statutory hold period in
Canada expiring four months from the date of issue.


About Cadillac 

Cadillac is a development-focused copper company currently advancing its 100%
owned Thierry Property, near Pickle Lake, Ontario. The Thierry Property consists
of the past producing Thierry Mine and hosts two NI 43-101 compliant resources:
Thierry Mine and K1-1. 


In addition, Cadillac also holds a 51% interest in the Burnt Hill Project, a
historic tungsten/tin mine taken to test production by Mr. Norman Brewster P.Geo
for Canadian International Paper during the early 1980's. Cadillac looks forward
to resuming the development of this project. 


For more information regarding Cadillac, please visit the Company's website at
www.cadillacventures.com.


Forward Looking Statements

This news release contains forward-looking statements and information under
applicable securities laws, including with respect to the completion of a second
tranche and the timing related thereto, and the anticipated use of proceeds
therefrom. All statements, other than statements of historical fact, are forward
looking. Forward-looking statements are frequently identified by such words as
'may', 'will', 'plan', 'expect', 'believe', 'anticipate', 'estimate', 'intend'
and similar words referring to future events and results. Such statements and
information are based on the current opinions and expectations of management.
All forward-looking information is inherently uncertain and subject to a variety
of assumptions, risks and uncertainties, including the speculative nature of
mineral exploration and development, fluctuating commodity prices, the risks of
obtaining necessary approvals (including from the TSX Venture Exchange),
licences and permits and the availability of financing, as described in more
detail in the Company's securities filings available at www.sedar.com. Actual
events or results may differ materially from those projected in the
forward-looking statements and the reader is cautioned against placing undue
reliance thereon. Forward-looking information speaks only as of the date on
which it is provided and Cadillac assumes no obligation to revise or update
these forward-looking statements except as required by applicable law. All
dollar amounts are in Canadian dollars unless otherwise noted.


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

of this release.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Cadillac Ventures Inc.
Norman Brewster
President and Chief Executive Officer
416 203-7722
www.cadillacventures.com

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