| Cache Exploration Inc. Announces Closing of Initial Public Offering |
|
|
|
|
February 25, 2008 – Vancouver, British Columbia – Cache Exploration Inc. (the “Company” or “Cache”) is pleased to report that it has successfully completed its initial public offering of 2,000,000 common shares at $0.10 per share for gross proceeds of $ 200,000 under a prospectus dated December 31, 2007. Research Capital Corporation, of Vancouver, British Columbia, acted as agent for the offering. Research Capital Corporation received a cash commission and an option to purchase up to 200,000 common shares at a price of $0.10 per share exercisable until February 27, 2010. ABOUT CACHE The Company is a capital pool company (“CPC”) within the meaning of the policies of the TSX Venture Exchange. The Company has not commenced operations and has no assets other than cash. The Company proposes to identify and evaluate businesses and assets with a view to completing a “Qualifying Transaction” under the Exchange’s CPC policies. The funds raised under the initial public offering will be used to pursue the Company’s Qualifying Transaction. For further information, please contact Tom Kennedy, Chief Executive Officer, at: Telephone: 604 682-2928 The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this release. |


