Cavan Ventures Inc. ("Cavan" or the "Company") (TSX VENTURE:CVN) announces that
it has acquired a 100% interest in approximately 900 hectares of prospective
graphite claims located in Buckingham township, Quebec.


The property contains ground referred to in a 1984 report, most specifically the
ground covers the northern portion of Lot 20 Range 8, and all of the ground
referred to in the report on Lots 19, 20, 21 of Range 9, and the area mentioned
within the report discussing two airborne electromagnetic anomalies on lot 21,
22 and 23 on Range 9. 


The report mentions the Walker Mine, on an adjacent property, as being located
on the Southern half of the lot 20 Range 8. The same report states "Graphite
deposits were worked at numerous locations in Buckingham township from the
1860's to 1910. One of the most significant deposits was called the Walker Mine
which was located in the south half of Lot 20 in range VIII of Buckingham
Township...veins of disseminated flake estimated at 25% graphite were
mined...Lots 19, 20 and 21 of Range IX which are part of the present group were
part of the Walker Mine property and graphite occurrences were reported on these
lots...the Walker Mine was referred to as "Graphite City" in some of the old
reports."


The report discusses the electromagnetic anomalies, "Two linear conductors are
noted on Lots 21, 22 and 23 of Range IX of Buckingham Township. The conductors
were mapped on 7 airborne survey lines (200 metre spacing) - one conductor is at
least 200 metres long and the other is approximately 1000 metres long."


Terms of the acquisition have Cavan making cumulative payments of $75,000 and
issuing one million common shares of the Company over 2 years. A 2% NSR will
also be issued with the option to purchase back 1% for $1 million. A finder's
fee will be payable on this transaction. This transaction is subject to TSX
Venture approval. 


Cavan has also determined to not proceed with its option to acquire the Crown
King prospect located in Arizona, USA (see PR dated May 5th, 2011).


The technical contents of this release were approved by Mike Magrum, P.Eng., a
qualified person as defined by National Instrument 43-101.


Cavan Venture's mission is to identify, acquire, and advance high potential
mining prospects located in North America for the benefit of its stakeholders.
For more information visit the website at www.cavanventures.com.


ON BEHALF OF THE BOARD

Peter P. Swistak, President

Forward-Looking Statement:

Some statements in this news release contain forward-looking information that
involves inherent risk and uncertainty affecting the business of Cavan Ventures
Inc. Actual results may differ materially from those currently anticipated in
such statements.