March 5, 2010 – Vancouver, British Columbia – Cache Exploration Inc. (the “Company”) is pleased to announce that it has completed its Qualifying Transaction (the “Transaction”) described in its filing statement (the “Filing Statement”) dated February 12, 2010. Both the Filing Statement and the news release are available on www.SEDAR.com.

Effective at the opening of market on March 1, 2010, the trading symbol for the Company changed from CAY.P to CAY. The Company has ceased to be considered a Capital Pool Company.

Acquisition of the Bluff Lake Copper Property

The Transaction is constituted as an option agreement with Candorado Operation Company Ltd. (“Candorado”) dated November 19, 2009 (the “Option Agreement”) pursuant to which the Company has an option to acquire an undivided 70% interest in and to the mineral properties
comprising the Bluff Lake Copper Property (the “Property”). The Property is located in the Cariboo mining district in British Columbia, Canada.

Under the terms of the Option Agreement, the Company has the option to acquire an undivided 70% right, title and interest in the Property by funding $1,750,000 in exploration and development expenditures over a four year period. Pursuant to the Option Agreement, Candorado will retain a royalty, being 2% of net smelter returns (“NSR”). The Company has the right to acquire one-half of the royalty (i.e. equal to 1% of NSR) by paying Candorado
$1,000,000.00 in Canadian currency.

On behalf of:

CACHE EXPLORATION INC.

“Tom Kennedy”

Tom Kennedy, Chief Executive Officer
Telephone: (604) 682-2928
Facsimile: (604) 685-6905

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