Bay Street Connect Engaged for Investor Relations by Cadillac Mining Corporation
Vancouver, British Columbia CANADA, October 17, 2011 /FSC/ - Cadillac Mining Corporation (CQX - TSX Venture), (the Company) is pleased to announce that it has engaged Bay Street Connect (BSC) of Markham, Ontario for Investor Relations services. Under the terms of the contract, which is subject to regulatory approval, Cadillac will pay BSC $7500 per month and 300,000 stock options priced at $0.10, vesting according to TSX Policies. Bay Street Connect will assist Cadillac in fostering productive and continuing dialogues with private investors, analysts, brokers and other financial professionals.
BSC is a leading provider of investor relations services to public companies in Canada. Based in Toronto and operating for over eight years, BSC has assisted numerous corporations in gaining exposure and recognition within the global investment community. You may visit its website at www.baystreetconnect.com
Permit applications have been submitted to the State of Utah for the Phase One RC drilling program described in Cadillac's September 12th release. This program is contingent on successfully raising adequate funding for its execution, and is expected to begin in early November. Results of this work, in combination with a compilation of a recently acquired large library of non-digitized data collected since 1978, will form the basis for drilling programs anticipated during the coming months and beyond.
Over the past several months, Cadillac Mining Corporation has gradually added and modernized information presented on its website. This ongoing initiative will provide timely updates reflecting developments and progress on both the Break and Goldstrike projects. Shareholders and investors are invited to download a recently revised powerpoint presentation from the website.
About Cadillac Mining Corporation
Cadillac Mining Corporation is a junior exploration and development company based in Vancouver, Canada focused on large-scale precious and base metal projects in the Abitibi geological province in Canada, and the Great Basin in the western USA.
The Company's long term objective is the discovery of a major deposit through carefully planned aggressive exploration programs. Its business model provides shareholders access to a wealth of exploration experience, dedicated management and the opportunity to experience discovery through a very conservatively capitalized company. Cadillac currently has approximately 27 million shares outstanding.
Disclaimer
Statements contained in this release that are not historical facts may be "forward-looking statements". Such statements are subject to risks and uncertainties and other factors which may cause actual developments or results or level of activity or performance to vary materially from those projected by Management.
Neither 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 the release.
For more information, please contact:
Website: www.cadillacmining.com
Investor Relations: Gus Garisto 416-805-3106
Company: Victor Erickson 604-684-7300
President & CEO v.erickson@cadillacmining.com
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www.usetdas.com/PR/cadillacmining17102011.htm
Source: Cadillac Mining Corporation (TSX-V: CQX) http://www.cadillacmining.com
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