Cadillac Announces Granting of Options

Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac" or the "Company") announced
today that a total of 800,000 options to acquire commons shares of the Company
have been issued to directors, officers, employees and consultants at a exercise
price of $0.45 per common share. All options are non-assignable and have a five
year term. Options for directors vest immediately while those for others vest
over eighteen months one-third on the date of grant, and one-third each at nine
and eighteen months after the date of grant.


There are now a total of 3,600,000 options to acquire common shares outstanding
pursuant to the Company's Stock Option Plan.


About Cadillac

Cadillac is a development focused exploration Company which has two Canadian
exploration projects, located in regions that have been historically active, and
exploration projects in Spain and Argentina.


The New Alger project located outside of Cadillac, Quebec is wholly-owned,
previously producing gold mine, where the Company has commenced a long term
drill program designed to identify the scope of mineralization present on the
Company's property. The Burnt Hill Project is 51% owned tungsten tin project
located outside of Fredericton, New Brunswick. In Spain, the Company is joint
venture partner with Minas de Aguas Tenidas, S.A.U. regarding the exploration of
a number of high potential properties surrounding the Aguas Tenidas Mine. In
Argentina, the Company is currently party to a heads of agreement with Latin
American Minerals Inc for a joint venture regarding the Tendal VMS project, La
Rioja Province.


For more information regarding Cadillac, please visit our website at
www.cadillacventures.com.


Forward Looking Statements

This news release may contain certain forward-looking statements under
applicable securities laws. 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.
Forward-looking statements 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 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. Cadillac assumes no obligation to revise
or update these forward-looking statements except as required by law. All dollar
amounts are in Canadian dollars unless otherwise noted.