Cadillac Mining Announces Cancellation of Stock Options
Vancouver, British Columbia CANADA, March 16, 2012 /FSC/ - Cadillac Mining Corporation (CQX - TSX Venture), announces that it has cancelled 225,000 stock options previously granted to a consultant at an exercise price of $0.10 per share.
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 exploration.
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 corporation. The Company has approximately 29 million shares outstanding.
For further information:
Website www.cadillacmining.com
Company Victor Erickson 604-684-7300
President & CEO
v.erickson@cadillacmining.com
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 this press release.
To view this release as a webpage, please click on the following link:
http://www.usetdas.com/pr/cadillacmar162012.htm
Source: Cadillac Mining Corporation (TSX-V: CQX) http://www.cadillacmining.com
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