Cavan Announces Name Change to Vertical Exploration Inc.

Suite 1240, 789 West Pender St. Vancouver, British Columbia Phone: 604-683-3995/ Toll Free: 888-945-4770 / Fax: 604-683-3988

Cavan Announces Name Change to Vertical Exploration Inc.

January 8, 2018, VANCOUVER, BC - Cavan Ventures Inc. (TSX-V: CVN) announces it intends to change its name to "Vertical Exploration Inc." effective on January 10, 2018.

Effective on January 10, 2018, the Company’s common shares will trade on the TSX Venture Exchange under the new ticker symbol "VERT".

The Company's mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. The Company’s St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec. For more information, visit the website at www.cavanventuresinc.com.

ON BEHALF OF THE BOARD

Signed “Peter P. Swistak”

Peter P. Swistak , President FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770

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.

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