CDC Cadillac Ventures Inc

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT
AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES. 


Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac" or the "Company") is
pleased to announce the closing of the second and final tranche of its
previously announced private placement financing (see the Company's news
releases dated November 15 and November 24, 2011) (the "Offering") for gross
proceeds of approximately $804,400. Together with the first tranche of the
Offering which closed on November 24, 2011, Cadillac raised, in aggregate, gross
proceeds of $3.3 million pursuant to the Offering.


On closing of the second tranche, Urion Mining International B.V. ("Urion"), an
existing shareholder of the Company and an indirect wholly-owned subsidiary of
Trafigura Beheer, B.V., was issued 3,830,410 units of the Company ("Units") at a
price of $0.21 per Unit. Urion's subscription allowed it to maintain its
approximate 25% equity interest in the Company, through the exercise of its
pre-emptive right under a pre-existing agreement between the Company and Urion.
In total, Cadillac issued 3,830,410 Units and 11,039,196 flow-through units
pursuant to the Offering.


Each Unit consists of one common share and one-half of one common share purchase
warrant. Each whole warrant (a "Warrant") entitles the holder to purchase one
common share of the Company at a price of $0.35 for a period of 24 months
following closing.


The Company intends to use the net proceeds from the sale of the Units towards a
Preliminary Economic Assessment on the Thierry Property by early 2012, for
development of the Company's properties and for working capital purposes.


The securities issued under this second tranche of the Offering are subject to a
statutory hold period in Canada expiring on April 21, 2012.


Pursuant to Multilateral Instrument 61-101 - Protection of Minority Security
Holders in Special Transactions ("MI 61-101"), the issuance of Units to Urion
constitutes a "related party transaction". The Company is exempt from obtaining
both a formal valuation and minority shareholder approval in connection with
such issuance because neither the fair market value of the common shares and
warrants issued to Urion under the Offering, nor the consideration for such
securities, exceeds 25% of the Company's market capitalization as calculated in
accordance with MI 61-101.


Grant of Options 

The Company also announces that that it has granted an aggregate of 1,675,000
options to acquire common shares of Cadillac at an exercise price of $0.20 per
share pursuant to its stock option plan. The options granted include 1,400,000
options granted to directors and officers of Cadillac. All options granted will
have a term of five years.


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. 


Thierry Mine Deposit

The Thierry Mine is a past producing mine with a current resource estimate
consisting of 8.3 million tonnes measured and indicated grading 1.73% Cu and
0.20% Ni, and 14.6 million tonnes inferred grading 1.70% Cu and 0.16% Ni, using
a cut-off NSR of C$46.30/tonne. The deposit remains open at depth and to the
west. 


K1-1 Deposit

The K1-1 is a potentially open-pit, large tonnage, low grade deposit located
approximately 3 km from the past producing Thierry Mine. The inferred mineral
resource estimate for K1-1 within a Whittle pit shell consists of the following
20 million tonnes grading 0.42% Cu, 0.10% Ni, 2.0 g/t Ag, 0.03 g/t Au, 0.05 g/t
Pt, 0.15 g/t Pd. The K1-1 Deposit is open along strike and at depth.


Forward-Looking Statements 

This news release contains forward-looking statements and information under
applicable securities laws, including with respect the Company's anticipated use
of proceeds. 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.

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