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VERT.V ·

Cavan Sets Options

Share Capital & Compensation

Suite 1240 – 789 West Pender Street Vancouver, British Columbia V6C 1H2 Phone: 604-683-3995/Toll Free: 888-945-4770

CAVAN SETS OPTIONS

July 11, 2017, VANCOUVER, B.C. – CAVAN VENTURES INC. (TSX-V NEX:CVN.H) (“Cavan” or the "Company”) announces that it has granted a total of up to 1,000,000 stock options to directors and consultants of the company, exercisable at a price of $0.05 per share for a period of one year from the date of grant. The options have been granted in accordance with the company's stock option plan.

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

ON BEHALF OF THE BOARD

Peter P. Swistak, President & CEO

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.