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PACIFIC CASCADE INCREASES PRIVATE PLACEMENT
Published Aug 2 2011
5 min read

PACIFIC CASCADE INCREASES PRIVATE PLACEMENT

PACIFIC CASCADE INCREASES PRIVATE PLACEMENT

(via Thenewswire.ca)

Vancouver, British Columbia - Further to its news release dated June 3, 2011, Pacific Cascade Minerals Inc. (the "Company") is pleased to announce that it has increased its non-brokered private placement from 5,000,000 to up to 35,000,000 Units of securities. The Company has also amended the price of the Units to $0.05 per unit, for gross proceeds of up to $1,750,000.00.

Each Unit under the private placement consists of one common share and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.10 within 24 months of closing. The placement is subject to regulatory approval.

The proceeds of the private placement will be used to fund a portion of the acquisition cost and work program for the Company's El Centenario property in the State of Durango, Mexico and for working capital.

ON BEHALF OF THE BOARD OF DIRECTORS,

"Harold Forzley"

FOR FURTHER INFORMATION PLEASE CONTACT:

Harold Forzley, President / CEO Pacific Cascade Minerals Inc.

For more information contact Harold Forzley, President /CEO, at:

Telephone: (604) 637-1341 Email: hardy@pacificcascade.ca

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. We seek safe harbour

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