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Cadillac Ventures Inc. (TSX VENTURE:CDC) ("Cadillac" or the "Company") announces
that it has extended its current private placement financing (announced on
November 20, 2012) of units ("Units") at $0.09 and flow-through units ("FT
Units") at $0.10.


The Company closed the first tranche of the private placement on December 6,
2012 issuing 11,800,000 FT Units and 60,000 Units for aggregate gross proceeds
of approximately $1.2 million. The Company anticipates closing a second tranche
by January 31, 2013.


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.


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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