VANCOUVER, BRITISH COLUMBIA—(December 18, 2009) – Cache Exploration Inc. (TSX V: CAY.P) (“Cache” or the “Company”) wishes to announce that further to the announcement in the Company’s news release dated November 20, 2009, and filed on SEDAR, of the private placement for up to 5,500,000 flow-through units (“FT Units”) at a price of $0.08 per FT Unit for total proceeds of up to $440,000, Cache will also pay finders’ fee equal to 10% of the gross proceeds raised from purchasers introduced by the finders to the Company, which fee will payable by the issuance of common shares at a deemed price of $0.11 per share, subject to acceptance of the TSX Venture Exchange .

About Cache Exploration

Cache is a reporting British Columbia company; the shares of which are listed for trading on the TSX Venture Exchange. The current directors and officers of Cache are: Thomas Kennedy of North Vancouver, BC, Asha Reeves of North Vancouver, BC, and George Brown of Toronto, ON. The directors and officers, and/or companies controlled by them collectively own a total of 2,060,000 shares of Cache. Information as to the individual
shareholdings of each of the officers and directors of Cache is available on SEDAR.

Cautionary Statements

Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance. There can be no assurance that the transaction will be completed as proposed, or at all. Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may
not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative. The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction.

Warner Gruenwald, P. Geo., is the qualified person on behalf of the Company responsible for the technical matters pertaining to the Bluff Lake Property as set out in the news release dated November 20, 2009, and filed on SEDAR.

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties, which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

For more information, please contact Tom Kennedy at 604-682-2928, or visit the SEDAR website at www.sedar.com to view Cache’s profile and SEDAR filings, including news releases, Cache’s CPC prospectus, annual and interim financial statements, and management’s discussion and analysis.

Neither TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.