Cascadero Copper Corporation Announces Application to Reprice and Extend Term of Warrants

January 23, 2015

(CCD: TSX-V)

CASCADERO COPPER CORPORATION ANNOUNCES APPLICATION TO REPRICE AND EXTEND TERM OF WARRANTS

VANCOUVER, B.C., January 23, 2015 – Cascadero Copper Corporation. (“Cascadero” or the “Company”) announces that it has made an application to the TSX Venture Exchange (the “Exchange”) to extend the term  of    12,709,999  warrants  issued  in  a  Private  Placement  Unit  dated  February  13,  2012.  The  Unit consisted of one common share and one warrant. The warrant had a term of three years with an expiry date of February 13, 2015. One full warrant is exercisable into one common share at $0.25 per share. The Company is applying to extend the term of the warrants by 24 months to expire February 13, 2017 and  to  reduce  the  exercisable  price  of  one  warrant  to  $0.05.  The  application  is  subject  to  Exchange approval.

Cascadero Copper is an integrated mineral exploration and development business. The Company has offices in North Vancouver, BC and Salta City in the province of Salta, Republic of Argentina. With its core geologists and Advisory Board the Company has discovered several new mineral showings and has the capability of developing a variety of prospects. The Company has recently restructured its portfolio and is focused on developing its rare metal and silver assets.

Bill McWilliam

President Office: 604‐924‐5504 Cell: 604‐999‐0391

Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.