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CVN

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0.00 (0.00%)
Share Name Share Symbol Market Type
TSXV:CVN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Cavan Ventures Provides Corporate Update and Engages Robson Capital Markets Advisory

03/04/2014 1:00pm

Marketwired Canada


CAVAN VENTURES INC. (TSX VENTURE:CVN) ("Cavan" or the "Company") is pleased to
provide a corporate update in regards to the continued development of its
graphite projects in Quebec. 


Cavan intends to conduct diamond drilling programs in Q2 2014 at its 100%-owned
Buckingham and Tetepiska-East graphite properties, located in western and
northeastern Quebec, respectively (see PR dated January 22, 2014). The
Buckingham property includes 24 claims located in ranges VIII and IX, Buckingham
Township, Quebec, and covers an area of 1,682.8 hectares (4,157 acres).
Buckingham is 1.7 kilometers north of the historic Walker graphite mine, which
produced graphitic ore from 1876 to 1920. The Tetepiska-East property includes
54 mining claims covering 2,925.72 hectares. The diamond drilling program at
Tetepiska will include five to six holes totaling up to 1,200 meters, designed
to test the graphitic mineralization at depth as well as its lateral extension.


To assist in funding these drill programs, Cavan is pleased to announce that it
has engaged Robson Capital Markets Advisory, a Vancouver based corporate
advisory and EMD, to lead an upcoming non brokered financing. Further
information regarding such financing will be announced as they are determined.
Robson Capital Markets Advisory will also advise Cavan in its further
investigation and analysis of the medical marijuana space and potential
opportunities therein. 


"We are very excited to start working with Robson Capital and are moving ahead
in a timely manner towards further development of our graphite interests,"
states Peter Swistak, President and CEO of Cavan. "We are also carefully
investigating and exploring potential opportunities in the medical marijuana
sector, and look forward to working with Robson Capital in that regard as well."


For more information visit the website at www.cavanventuresinc.com.

ON BEHALF OF THE BOARD

Peter P. Swistak, President

Forward-Looking Statement:

Certain statements in this release are forward-looking statements, which reflect
the expectations of management regarding the Company's plans with respect to its
existing graphite interests, future financings, and the analysis and
investigation of the medical marijuana sphere. Forward-looking statements
consist of statements that are not purely historical, including any statements
regarding beliefs, plans, expectations or intentions regarding the future and
statements concerning the anticipated drilling programs, future financings, and
the Company proceeding with any transactions in the medical marijuana sphere.
Such statements are subject to risks and uncertainties that may cause actual
results, performance or developments to differ materially from those contained
in the statements. No assurance can be given that any of the events anticipated
by the forward-looking statements will occur or, if they do occur, what benefits
the Company will obtain from them. In particular, the Company cautions that any
financings or potential transactions cannot be predicted with certainty, and
there can be no assurance at this time that all required or desirable approvals
and consents to affect future financings or proposed transactions will be
achieved at all. These forward-looking statements reflect management's current
views and are based on certain expectations and assumptions which may prove to
be incorrect. A number of risks and uncertainties could cause our actual results
to differ materially from those expressed or implied by the forward-looking
statements, including factors beyond the Company's control. These
forward-looking statements are made as of the date of this news release.


Neither the 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: 
Cavan Ventures Inc.
604-683-3995
888-945-4770
604-683-3988 (FAX)
www.cavanventuresinc.com

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