Cavan Ventures Not Moving Forward with Caribou King Resources JV

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CAVAN VENTURES NOT MOVING FORWARD WITH CARIBOU KING RESOURCES JV

July 8, 2015, VANCOUVER, B.C. – CAVAN VENTURES INC. (“Cavan” or the “Company”) (TSX- V: CVN) the management of the Company wishes to announce it will not be proceeding with the proposed joint venture with Caribou King Resources. (See PR dated April 1, 2015).

For more information visit the website at www.cavanventuresinc.com.

ON BEHALF OF THE BOARD

Peter P. Swistak, President

Forward Looking Statements:

“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 release.”